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Synovus Financial Stock

Synovus Financial Dividend 2024

Synovus Financial Dividend

1.52 USD

Synovus Financial Dividend yield

3.46 %

Ticker

SNV

ISIN

US87161C5013

WKN

A114G1

How much dividend does Synovus Financial 2024 pay?

According to the latest status from July 2024, Synovus Financial paid a total of 1.52 USD per share in dividends within the last 12 months. With the current Synovus Financial price of 43.89 USD, this corresponds to a dividend yield of 3.46 %. A dividend is paid times per year.

3.46 % Dividend Yield=
1.52 USD Dividend
43.89 USD Stock Price

Historical Synovus Financial Dividends

A dividend is paid times per year. Last year, the payout months were January, April, July and October.

PaydateDividend
7/20/20240.38
4/20/20240.38
1/20/20240.38
10/20/20230.38
7/14/20230.38
4/15/20230.38
1/14/20230.34
10/14/20220.34
7/15/20220.34
4/16/20220.34
1/15/20220.33
10/15/20210.33
7/16/20210.33
4/17/20210.33
1/16/20210.33
10/16/20200.33
7/17/20200.33
4/18/20200.33
1/18/20200.3
10/18/20190.3
1
2
3
4
5
...
7

Synovus Financial dividend history and estimates

In 2023, Synovus Financial paid a dividend amounting to 1.52 USD. Dividend means that Synovus Financial distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for Synovus Financial provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Synovus Financial’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Synovus Financial's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Synovus Financial Dividend History

DateSynovus Financial Dividend
2026e1.68 undefined
2025e1.69 undefined
2024e1.69 undefined
20231.52 undefined
20221.36 undefined
20211.32 undefined
20201.32 undefined
20191.2 undefined
20181 undefined
20170.6 undefined
20160.48 undefined
20150.42 undefined
20140.31 undefined
20130.28 undefined
20120.28 undefined
20110.28 undefined
20100.28 undefined
20090.28 undefined
20083.22 undefined
20075.74 undefined
20065.46 undefined
20055.11 undefined
20044.85 undefined

Is the Synovus Financial Dividend Safe?

Synovus Financial has been increasing the dividend for 2 years.

Over the past 10 years, Synovus Financial has increased it by an annual 18.432 %.

Over a five-year period, the distribution increased by 8.735%.

Analysts expect a Dividend Increase of 5.467% for the current fiscal year.

Synovus Financial dividend payout ratio

In 2023, Synovus Financial had a payout ratio of 37.44%. The payout ratio indicates the percentage of the company's profits that Synovus Financial distributes as dividends.

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Payout ratio
Details

Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Synovus Financial represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Synovus Financial could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Synovus Financial's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Synovus Financial Payout Ratio History

DateSynovus Financial Payout ratio
2026e33.3 %
2025e31.85 %
2024e30.62 %
202337.44 %
202227.49 %
202126.94 %
202057.89 %
201934.58 %
201828.9 %
201727.65 %
201625.4 %
201525.93 %
201423.31 %
201331.82 %
20124.72 %
2011-26.42 %
2010-3.23 %
2009-1 %
2008-25.91 %
200751.39 %
200640.99 %
200544.55 %
200449.21 %

Dividend Details

Understanding Synovus Financial's Dividend Distributions

Synovus Financial’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Synovus Financial's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Synovus Financial's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Synovus Financial’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Synovus Financial Aktienanalyse

What does Synovus Financial do?

Synovus Financial Corp is a leading financial services company headquartered in Columbus, Georgia. The company's history dates back to 1888 when it was founded as the Bank of Columbus. Over the following decades, the company expanded and was renamed Synovus Financial Corp in 1989. Today, Synovus is a regional bank holding company offering a wide range of financial products and services that can be used by individuals and businesses. Synovus' business model is to provide services to its customers in a transparent and effective manner to ensure financial stability and growth for its customers. Synovus offers a wide range of financial services to its customers, including deposits, loans, investment advice, capital market transactions, asset management, and more. Deposit products include checking accounts, savings accounts, money market accounts, certificates, IRA accounts, and more. Synovus' credit products include personal loans, mortgages, auto loans, business loans, and more. The company also operates in various segments, including retail banking, commercial banking, and the capital markets business. In retail banking, Synovus offers banking services to individual customers. The business includes approximately 250 branches in Georgia, Alabama, Florida, South Carolina, and Tennessee. Synovus' commercial banking business provides financial services to small and medium-sized businesses. These services include cash management, loans, leasing, trade finance, and more. Synovus' capital markets business offers customers access to capital market products, including stocks, bonds, foreign currencies, and more. Synovus has also established itself as a leading provider of wealth management services. The company offers a wide range of investment products and services, including asset management, mutual funds, investment advisory, trust services, and more. In recent years, Synovus has experienced expansion into various geographic regions. The company has expanded into the banking business in North Carolina, South Carolina, and Tennessee through mergers and acquisitions. Currently, Synovus operates over 300 branches in a total of six states. Overall, Synovus has earned a reputation as an innovative and customer-focused financial services company. The company is committed to offering its customers the best possible products and services to promote financial stability and growth. With a wide range of financial products and services, Synovus is well positioned to continue growing and expanding in the coming years. Synovus Financial is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Synovus Financial stock

How much dividend does Synovus Financial pay?

Over the past 12 months, Synovus Financial paid a dividend of 1.52 USD . This corresponds to a dividend yield of about 3.46 %. For the coming 12 months, Synovus Financial is expected to pay a dividend of 1.69 USD.

What is the dividend yield of Synovus Financial?

The current dividend yield of Synovus Financial is 3.46 %.

When does Synovus Financial pay dividends?

Synovus Financial pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Synovus Financial?

Synovus Financial paid dividends every year for the past 23 years.

What is the dividend of Synovus Financial?

For the upcoming 12 months, dividends amounting to 1.69 USD are expected. This corresponds to a dividend yield of 3.85 %.

In which sector is Synovus Financial located?

Synovus Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Synovus Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Synovus Financial from 7/1/2024 amounting to 0.38 USD, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.

When did Synovus Financial pay the last dividend?

The last dividend was paid out on 7/1/2024.

What was the dividend of Synovus Financial in the year 2023?

In the year 2023, Synovus Financial distributed 1.36 USD as dividends.

In which currency does Synovus Financial pay out the dividend?

The dividends of Synovus Financial are distributed in USD.

Andere Kennzahlen von Synovus Financial

Our stock analysis for Synovus Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Synovus Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.