Synchrony Financial Stock Dividends Overview

SYF pays dividends quarterly. Last paid amount was $0.250 at Feb 15, 2024. As of today, dividend yield (TTM) is 3.06%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.06%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.250
Next Ex-Dividend Date May 03, 2024
Next Payment Date May 15, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from SYF the purchase should be done within the next 0 days.
Here's a simple guide on how to buy SYF stock.

SYF Dividend Payout History

To ensure a understanding of SYF's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 24, 2024 May 03, 2024 May 15, 2024 $0.250 0.569%
2 Jan 24, 2024 Feb 02, 2024 Feb 15, 2024 $0.250 0.627%
3 Oct 19, 2023 Oct 31, 2023 Nov 09, 2023 $0.250 0.86%
4 Jul 20, 2023 Jul 28, 2023 Aug 10, 2023 $0.250 0.727%
5 Apr 20, 2023 May 01, 2023 May 12, 2023 $0.230 0.85%
6 Jan 25, 2023 Feb 03, 2023 Feb 17, 2023 $0.230 0.643%
7 Oct 20, 2022 Oct 31, 2022 Nov 10, 2022 $0.230 0.594%
8 Jul 21, 2022 Jul 29, 2022 Aug 11, 2022 $0.230 0.637%
9 Apr 21, 2022 Apr 29, 2022 May 12, 2022 $0.220 0.666%
10 Jan 25, 2022 Feb 09, 2022 Feb 17, 2022 $0.220 0.504%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (89.58%)

Growth potential

Stable (19.08%)

SYF Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from SYF dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in SYF stock here.

Comparing SYF to Sector and Country

SYF pays a solid dividend yield of 3.06%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). SYF’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.

SYF Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Banco Santander Brasil SA 42.211B $0.0592 3.93% 57.68%
STT
State Street Corporation 21.888B $0.690 3.73% 39.13%
SYF
Synchrony Financial 17.652B $0.250 3.06% 15.36%

FAQ

What factors can affect the amount of SYF's dividend payments?
The amount of SYF's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in SYF sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from SYF stock be automatically reinvested?
If SYF offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy SYF stock.

How often does SYF pay dividend?
Synchrony Financial (SYF) pays dividends quarterly. The most recent payout was on Feb 15, 2024. The upcoming dividend Ex Date is May 03, 2024, with an amount of $0.250.

How much does SYF pays per share?
The last recorder (Feb 02, 2024) dividend per share was $0.250.

What is SYF dividend growth rate?
Over the last year, Synchrony Financial has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 4.35%. Furthermore, examining the past 5 years, Synchrony Financial has maintained an average Dividends Per Share Growth Rate of 3.55%.
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About Synchrony Financial

Synchrony Financial Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual cards, co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including cert... SYF Profile

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