Synchrony Financial's most recent dividend payment of $0.25 per share was made to shareholders on record before Nov 4, 2024. At an annualized rate of $1 per share, the stock yields 1.53%.
Synchrony Financial's dividend yield of 1.53% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.82%, Synchrony Financial's dividend yield is 46% lower. The historical 5-year average of SYF's dividend yield is 2.7%, which is higher than the current one.
Synchrony Financial has been paying dividends for the last eight years. According to our data SYF has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.2% for the last year. However since the stock price has gone up by 73% from a year ago, the dividend yield has decreased by 40%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Nov 4, 2024 | $0.25 | 1.82% |
Aug 5, 2024 | $0.25 | 2.28% |
May 3, 2024 | $0.25 | 2.19% |
Feb 2, 2024 | $0.25 | 2.52% |
Oct 31, 2023 | $0.25 | 3.42% |
Jul 28, 2023 | $0.25 | 2.72% |
May 1, 2023 | $0.23 | 3.19% |
Feb 3, 2023 | $0.23 | 2.46% |
Oct 31, 2022 | $0.23 | 2.53% |
Jul 29, 2022 | $0.23 | 2.66% |
Apr 29, 2022 | $0.22 | 2.39% |
Feb 9, 2022 | $0.22 | 1.97% |
Oct 29, 2021 | $0.22 | 1.89% |
Jul 30, 2021 | $0.22 | 1.87% |
Apr 30, 2021 | $0.22 | 2.01% |
Feb 4, 2021 | $0.22 | 2.37% |
Oct 30, 2020 | $0.22 | 3.52% |
Jul 31, 2020 | $0.22 | 3.98% |
May 1, 2020 | $0.22 | 4.75% |
Feb 6, 2020 | $0.22 | 2.62% |
Nov 1, 2019 | $0.22 | 2.41% |
Aug 2, 2019 | $0.22 | 2.42% |
May 3, 2019 | $0.21 | 2.45% |
Feb 1, 2019 | $0.21 | 2.63% |
Nov 2, 2018 | $0.21 | 2.72% |
Aug 3, 2018 | $0.21 | 2.21% |
May 4, 2018 | $0.15 | 1.84% |
Feb 2, 2018 | $0.15 | 1.5% |
Nov 3, 2017 | $0.15 | 1.69% |
Aug 3, 2017 | $0.15 | 1.81% |
May 4, 2017 | $0.13 | 1.81% |
Feb 2, 2017 | $0.13 | 1.1% |
Nov 3, 2016 | $0.13 | 0.92% |
Aug 10, 2016 | $0.13 | 0.47% |
Synchrony Financial's payout ratio of 12.9% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 44.2%, Synchrony Financial's payout ratio is 71% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SYF Synchrony Financial | 1.5% | $1 | 12.9% |
URI United Rentals Inc | 0.9% | $6.52 | 17% |
V Visa Inc | 0.67% | $2.15 | 22.1% |
MA Mastercard Inc | 0.49% | $2.64 | 19.9% |
Yes, Synchrony Financial has been paying dividends for the last eight years.
Synchrony Financial's last dividend ex-date was on Nov 4, 2024. The dividend amount was $0.25 per share.
SYF's annualized dividend per share is $1.
Synchrony Financial's current dividend yield is 1.53%.
Synchrony Financial has a quarterly dividend frequency.
Synchrony Financial's dividend payout ratio is 12.9%.
Synchrony Financial's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.