Synchrony Financial Dividend history 8 years & estimates 2024 to 2026
Dividend Analysis of the Synchrony Financial Stock
| Current dividend yield | 7.16 % |
| Dividendenrendite 5 Jahre | 7.25 % |
| Dividend Yield 10Y | 6.46 % |
| Payout 3Y | 3.48 % |
When does Synchrony Financial pay a dividend?
The Synchrony Financial stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Synchrony Financial stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, July and October . Dividends from Synchrony Financial are distributed via February, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.25
$0.25
|
Aug 05 2024
Aug 05 2024
Aug 15 2024
Aug 05 24
Aug 15 24 |
Aug 15 2024 |
quarterly
quarterly
|
| 2024 |
$0.25
$0.25
|
May 03 2024
May 03 2024
May 15 2024
May 03 24
May 15 24 |
May 15 2024 |
quarterly
quarterly
|
| 2024 |
$0.25
$0.25
|
Feb 02 2024
Feb 02 2024
Feb 15 2024
Feb 02 24
Feb 15 24 |
Feb 15 2024 |
quarterly
quarterly
|
| 2023 |
$0.25
$0.25
|
Oct 31 2023
Oct 31 2023
Nov 09 2023
Oct 31 23
Nov 09 23 |
Nov 09 2023 |
quarterly
quarterly
|
| 2023 |
$0.25
$0.25
|
Jul 28 2023
Jul 28 2023
Aug 10 2023
Jul 28 23
Aug 10 23 |
Aug 10 2023 |
quarterly
quarterly
|
| 2023 |
$0.23
$0.23
|
May 01 2023
May 01 2023
May 12 2023
May 01 23
May 12 23 |
May 12 2023 |
quarterly
quarterly
|
| 2023 |
$0.23
$0.23
|
Feb 03 2023
Feb 03 2023
Feb 17 2023
Feb 03 23
Feb 17 23 |
Feb 17 2023 |
quarterly
quarterly
|
| 2022 |
$0.23
$0.23
|
Oct 31 2022
Oct 31 2022
Nov 10 2022
Oct 31 22
Nov 10 22 |
Nov 10 2022 |
quarterly
quarterly
|
| 2022 |
$0.23
$0.23
|
Jul 29 2022
Jul 29 2022
Aug 11 2022
Jul 29 22
Aug 11 22 |
Aug 11 2022 |
quarterly
quarterly
|
| 2022 |
$0.22
$0.22
|
Apr 29 2022
Apr 29 2022
May 12 2022
Apr 29 22
May 12 22 |
May 12 2022 |
quarterly
quarterly
|
How much dividend does Synchrony Financial pay?
Synchrony Financial most recently paid a dividend of $0.25. Synchrony Financial paid a Dividend of $0.96 Per Share in the financial year 2023. With a stock price of $47.41 at Sep 06 2024, the current dividend yield is 2.02% (calculation: $0.96 / $47.41 = 2.02%). No special dividend was paid.
What is the Synchrony Financial Dividend Yield and payout ratio?
The average Synchrony Financial dividend yield over the last 5 years is 2.60% and the average over the last 10 years is 1.83%.
The payout ratio of Synchrony Financial in relation to the last financial year is 18.50%. The payout ratio smoothed over 3 years is 14.67%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Synchrony Financial |
|---|---|
| Current dividend yield | 2.02% |
| Dividend Yield 5Y | 2.60% |
| Dividend Yield 10Y | 1.83% |
| Payout 1Y | 18.50% |
| Payout 3Y | 14.67% |
Is the Synchrony Financial dividend safe? Continuity & Dividend Growth
Is the Synchrony Financial dividend safe?
Synchrony Financial has been paying a dividend for 8 years and has not lowered the dividend for 8 years (dividend continuity). As a result, the dividend was recently increased 2-times.
The Dividend Growth in relation to the previous financial year amounts to 6.67%. The average Synchrony Financial Dividend Growth over the last 5 years is 5.92%.
| Metric | Synchrony Financial |
|---|---|
| Increased | 2 Years |
| Continuity | 8 Years |
| Paid | 8 Years |
| Growth 1Y | 6.67% |
| Growth 5Y | 5.92% |
Continuity
Synchrony Financial has been paying a dividend for 8 years and has not lowered the dividend for 8 years (dividend continuity). As a result, the dividend was recently increased 2-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 6.67%. The average Synchrony Financial Dividend Growth over the last 5 years is 5.92%.
Synchrony Financial Stock Forecast 2024
On the stock exchange, the Synchrony Financial stock (ISIN: US87165B1035) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Synchrony Financial 24.14% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Synchrony Financial stock price in real time at the top of the page.
Synchrony Financial (symbol: SYF) is valued at a Price / Earnings Ratio (P/E ratio) of 6.58 and a price/sales ratio (P/S ratio) of 0.93 valued. Based on analyst estimates, the Synchrony Financial stock forecast 2024 of the current financial year corresponds to a valuation of 6.28 according to P/E ratio and 1.22 according to P/S.
| Metric | Synchrony Financial |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
24.14%
|
| P/E TTM | 6.58 |
| P/S TTM | 0.93 |
| P/E forward | 6.28 |
| P/S forward | 1.22 |
Synchrony Financial (symbol: SYF) is valued at a Price / Earnings Ratio (P/E ratio) of 6.58 and a price/sales ratio (P/S ratio) of 0.93 valued. Based on analyst estimates, the Synchrony Financial stock forecast 2024 of the current financial year corresponds to a valuation of 6.28 according to P/E ratio and 1.22 according to P/S.
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