SYF Synchrony Financial dividend history, payout ratio & dates
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 1.54%.
Key dates
- SYF last dividend date: Nov 4, 2024
SYF dividend stats
vs. Financial Services sector
Dividend yield
Synchrony Financial's dividend yield of 1.54% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.58%, Synchrony Financial's dividend yield is 40% lower. The historical 5-year average of SYF's dividend yield is 2.7%, which is higher than the current one.
Dividend history
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 121% from a year ago, the dividend yield has decreased by 53%.
Recent dividends
| 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 dividend payout ratio
Payout ratio
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%, Synchrony Financial's payout ratio is 71% lower.
Total amount of dividends paid per financial year (from cash flow)
SYF dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SYF Synchrony Financial | 1.54% | $1 | 12.9% |
| URI United Rentals Inc | 0.78% | $6.52 | 17% |
| V Visa Inc | 0.69% | $2.15 | 22.1% |
| MA Mastercard Inc | 0.51% | $2.64 | 19.9% |
Frequently asked questions
Does Synchrony Financial pay a dividend?
Yes, Synchrony Financial has been paying dividends for the last eight years.
When was SYF's last dividend?
Synchrony Financial's last dividend ex-date was on Nov 4, 2024. The dividend amount was $0.25 per share.
How much dividend does Synchrony Financial pay (per share)?
SYF's annualized dividend per share is $1.
What is Synchrony Financial's dividend yield?
Synchrony Financial's current dividend yield is 1.54%.
How often does Synchrony Financial pay dividends?
Synchrony Financial has a quarterly dividend frequency.
What is Synchrony Financial's dividend payout ratio?
Synchrony Financial's dividend payout ratio is 12.9%.
Does Synchrony Financial pay a good dividend?
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.