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Synchrony Financial (SYF) Dividend Yield, Date & History

Synchrony Financial logo
$66.62 +1.16 (+1.77%)
(As of 12/24/2024 05:19 PM ET)

Synchrony Financial Dividend Summary

Dividend Yield
1.50%
Annual Dividend
$1.00
Recent
Dividend Payment
Nov. 15
Annualized 3-Year
Dividend Growth
2.94%
Dividend Payout Ratio
13.05%

Synchrony Financial (SYF) pays an annual dividend of $1.00 per share, with a dividend yield of 1.50%. The next quarterly payment of $0.25 per share was paid on Friday, November 15, to investors who owned the stock before the ex-dividend date of Monday, November 4. The company currently pays out 13.05% of its earnings and 15.69% of its cash flow as dividends.

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SYF Dividend Payments by Quarter

The chart below displays up to four years of Synchrony Financial's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SYF Dividend Yield Over Time

The chart below tracks Synchrony Financial's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Synchrony Financial vs. The Competition

Compare Synchrony Financial's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeSynchrony FinancialFinance CompaniesNYSE Companies
Annual Dividend$1.00$0.02$1.39
Dividend Yield1.50%5.71%3.66%
Annualized 3-Year Dividend Growth2.94%12.89%15.74%

Synchrony Financial Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings13.05%
Based on This Year's Estimate15.36%
Based on Next Year's Estimate15.55%
Based on Cashflow15.69%

Synchrony Financial Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/24/2024quarterly$0.25 - 1.81%11/4/202411/4/202411/15/2024
7/23/2024quarterly$0.25 - 1.97%8/5/20248/5/20248/15/2024
4/24/2024Quarterly$0.25 - 2.22%5/3/20245/6/20245/15/2024
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1/24/2024quarterly$0.25 - 2.63%2/2/20242/5/20242/15/2024
10/19/2023quarterly$0.25 - 3.48%10/31/202311/1/202311/9/2023
7/20/2023quarterly$0.25+$0.02
8.70%
2.87%7/28/20237/31/20238/10/2023
4/20/2023quarterly$0.23 - 3.08%5/1/20235/2/20235/12/2023
1/25/2023quarterly$0.23 - 2.49%2/3/20232/6/20232/17/2023

This table shows Synchrony Financial's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Synchrony Financial Dividend - Frequently Asked Questions

The current dividend yield for Synchrony Financial is 1.50%. Learn more on SYF's dividend yield history.

The annual dividend for SYF shares is $1.00. Learn more on SYF's annual dividend history.

Synchrony Financial pays quarterly dividends to shareholders.

Synchrony Financial's most recent quarterly dividend payment of $0.25 per share was made to shareholders on Friday, November 15, 2024.

Synchrony Financial's most recent ex-dividend date was Monday, November 4, 2024.

Over the past three years, the company's dividend has grown by an average of 2.94% per year.

The most recent change in the company's dividend was an increase of $0.02 on Thursday, July 20, 2023.

The dividend payout ratio for SYF is:
  • 13.05% based on the trailing year of earnings
  • 15.36% based on this year's estimates
  • 15.55% based on next year's estimates
  • 15.69% based on cash flow

Synchrony Financial's dividend yield of 1.53% is lower than the average Finance company that issues a dividend. Synchrony Financial's dividend payout ratio of 13.05% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Synchrony Financial stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:SYF) was last updated on 12/25/2024 by MarketBeat.com Staff
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