Synchrony Financial Dividends and Buybacks
Dividend criteria checks 3/6
Synchrony Financial is a dividend paying company with a current yield of 1.55% that is well covered by earnings.
Key information
1.6%
Dividend yield
4.7%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.000 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Synchrony Financial's (NYSE:SYF) Dividend Will Be $0.25
Oct 28
Synchrony Financial: Why I Prefer The Lower Yielding Series A Preferred Shares
Oct 23Synchrony Financial: Consumer Lending May Meltdown If Unemployment Continues To Rise
Sep 18Synchrony Financial: Not Too Expensive Yet
Jul 18Synchrony Financial: Comparing The 2 High Yielding Preferred Shares
Jun 26Synchrony Financial: Finally Getting Credit
Apr 26Synchrony Financial: Charge-Offs Create Downside Risk (Rating Downgrade)
Mar 05Synchrony Financial Offers 2 Good Income Options
Jan 24Synchrony Financial: 8.9% Yielding Preferred Shares Are Attractive
Nov 20Synchrony: A Buy As Credit Deterioration Slows
Oct 06Synchrony Financial Shares Have Recovered From The Banking Crisis But Are Still Cheap
Jul 19Synchrony Financial: 9.4% Yielding Bond Mispriced From Industry Crisis
May 29Synchrony credit card net charge-offs jump in January as delinquencies tick up
Feb 14Synchrony, furniture retailer Rooms To Go renew strategic financing partnership
Jan 25Synchrony Financial: Growth And Fundamental Stability Remains In Harmony
Jan 18Synchrony credit card metrics slip in November, edging down to prepandemic levels
Dec 15Synchrony Financial credit card net charge-offs increase in October
Nov 14Synchrony Financial declares $0.23 dividend
Oct 20Synchrony expands relationship with Sycle for integrated digital payment solutions
Oct 13Synchrony Financial: To Keep Watch Before Q3 Earnings
Sep 29Synchrony Financial credit card delinquency, charge off rates climb in August
Sep 12Synchrony's credit card delinquency, charge-off rates rise in July as loans increase
Aug 15Synchrony Financial GAAP EPS of $1.60 beats by $0.16, revenue of $2.87B beats by $130M
Jul 18Synchrony Financial Lower Profits Expected In 2022, But Trades At Fair Value
Jul 07Synchrony Financial's (NYSE:SYF) Dividend Will Be US$0.22
Apr 25I Ran A Stock Scan For Earnings Growth And Synchrony Financial (NYSE:SYF) Passed With Ease
Apr 20Give Synchrony Credit For Growing Loan Balances
Apr 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SYF has been paying a dividend for less than 10 years.
Growing Dividend: SYF'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) | 1.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Consumer Finance) | 1.7% |
| Analyst forecast (SYF) (up to 3 years) | 1.7% |
Notable Dividend: SYF's dividend (1.55%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: SYF's dividend (1.55%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), SYF's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYF's dividends in 3 years are forecast to be well covered by earnings (17.7% payout ratio).