Synchrony Financial Dividend
Dividend criteria checks 3/6
Synchrony Financial is a dividend paying company with a current yield of 1.77% that is well covered by earnings.
Key information
1.8%
Dividend yield
13%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.000 |
| Earnings per share | US$7.85 |
| Dividend yield forecast | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SYF.PRA has been paying a dividend for less than 10 years.
Growing Dividend: SYF.PRA's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Synchrony Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SYF.PRA) | 1.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Consumer Finance) | 1.8% |
| Analyst forecast (SYF.PRA) (up to 3 years) | 2.0% |
Notable Dividend: SYF.PRA's dividend (1.77%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: SYF.PRA's dividend (1.77%) is low compared to the top 25% of dividend payers in the US market (4.38%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), SYF.PRA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYF.PRA's dividends in 3 years are forecast to be well covered by earnings (17.8% payout ratio).