Synovus Financial Dividends and Buybacks
Dividend criteria checks 5/6
Synovus Financial is a dividend paying company with a current yield of 2.72% that is well covered by earnings.
Key information
2.7%
Dividend yield
2.8%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 12.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.520 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Synovus Financial's (NYSE:SNV) Dividend Will Be $0.38
Jun 07
Synovus Financial (NYSE:SNV) Is Paying Out A Dividend Of $0.38
Mar 08Recent updates
Synovus Financial Preferred Attractive After Rate Reset
Sep 05Synovus Financial: Switching Preferred Shares On Better Yield Opportunity
Jul 22Sizing Up Synovus Financial
Jul 09Synovus Financial's (NYSE:SNV) Dividend Will Be $0.38
Jun 07Synovus Financial: Securities Portfolio Is Key To Improving Profitability
Jun 05Synovus Financial (NYSE:SNV) Is Paying Out A Dividend Of $0.38
Mar 08Synovus Financial: A Lot Of Income Options Here
Mar 04Synovus: Potential Credit Losses Limit Upside
Nov 27If EPS Growth Is Important To You, Synovus Financial (NYSE:SNV) Presents An Opportunity
Sep 22Synovus Preferred Stock Looks Mispriced
Sep 14Synovus Financial: Interesting Dividend But It's Not Enough
Jun 24If EPS Growth Is Important To You, Synovus Financial (NYSE:SNV) Presents An Opportunity
Jun 09Synovus Q4 2022 Earnings Preview
Jan 18Synovus Q3 2022 Earnings Preview
Oct 19Synovus declares $0.34 dividend
Sep 01Synovus Financial: Initiatives To Drive Earnings, Stock Appears Attractively Valued
Aug 18Synovus Financial to raise capital in senior notes offering
Aug 04Synovus Non-GAAP EPS of $1.17 beats by $0.07, revenue of $522.65M beats by $4.01M
Jul 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SNV's dividends per share have been stable in the past 10 years.
Growing Dividend: SNV's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Synovus Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SNV) | 2.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (SNV) (up to 3 years) | 2.9% |
Notable Dividend: SNV's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: SNV's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.8%), SNV's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SNV's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).