Synovus Financial Corp. (SNV) Dividends

Synovus Financial Corp. (SNV): $35.33

0.09 (+0.26%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

Dividend Yield and Dividend History Highlights

  • In terms of debt burden relative to earnings, SNV has an EBITDA to net debt ratio of 813,657,000, ranking above 95.68% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with SNV that may be suitable potential portfolio mates: PJT, CTXS, HAPP, EVI and GHM.
SNV Ex-Dividend Date
SNV Dividend Yield
4.28%
SNV Annual Dividend
$1.52
SNV Payout Ratio

SNV Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$35.33$27.12 -47.05%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Synovus Financial Corp, the DDM model, as implemented by StockNews, implies a negative return of 47.05% relative to its current price. Digging deeper, the aspects of Synovus Financial Corp's dividend discount model that we found most interesting were:

  • A stock's beta generally indicates its volatility relative to the broader equity market; for Synovus Financial Corp, its beta is lower than 9.83% of dividend issuing stocks we observed.
  • Based on dividend growth rate, SNV boasts a higher growth rate in terms of its annual cash distributed to its owners than 89.52% of the dividend issuers in our set.
  • In comparison to its fellow dividend issuing stocks in the Financial Services sector, Synovus Financial Corp has an equity discount rate lower than only 10.68% of them.


SNV Dividend History

Ex-Dividend Date Type Payout Amount Change
2023-12-20Dividend$0.38--
2023-09-20Dividend$0.38--
2023-06-14Dividend$0.38--
2023-03-15Dividend$0.38+11.76%
2022-12-14Dividend$0.34--
2022-09-14Dividend$0.34--
2022-06-15Dividend$0.34--
2022-03-16Dividend$0.34+3.03%
2021-12-15Dividend$0.33--
2021-09-15Dividend$0.33--
2021-06-16Dividend$0.33--
2021-03-17Dividend$0.33--
2020-12-16Dividend$0.33--
2020-09-16Dividend$0.33--
2020-06-17Dividend$0.33--
2020-03-18Dividend$0.33+10.00%
2019-12-18Dividend$0.30--
2019-09-18Dividend$0.30--
2019-06-19Dividend$0.30--
2019-03-20Dividend$0.30+20.00%
2018-12-19Dividend$0.25--
2018-09-19Dividend$0.25--
2018-06-20Dividend$0.25--
2018-03-14Dividend$0.25+66.67%
2017-12-20Dividend$0.15--
2017-09-20Dividend$0.15--
2017-06-13Dividend$0.15--
2017-03-14Dividend$0.15+25.00%
2016-12-13Dividend$0.12--
2016-09-13Dividend$0.12--
2016-06-14Dividend$0.12--
2016-03-15Dividend$0.12--
2015-12-15Dividend$0.12+20.00%
2015-09-15Dividend$0.10--
2015-06-16Dividend$0.10--
2015-03-17Dividend$0.10--
2014-12-16Dividend$0.10+42.86%
2014-09-16Dividend$0.07--
2014-06-17Dividend$0.07+600.00%
2014-05-19Split1-7-for-1 Stock SplitN/A
2014-03-18Dividend$0.01--
2013-12-17Dividend$0.01--
2013-09-17Dividend$0.01--
2013-06-18Dividend$0.01--
2013-03-19Dividend$0.01--
2012-12-11Dividend$0.01--
2012-09-18Dividend$0.01--
2012-06-12Dividend$0.01--
2012-03-13Dividend$0.01--
2011-12-14Dividend$0.01--
2011-09-13Dividend$0.01--
2011-06-14Dividend$0.01--
2011-03-15Dividend$0.01--
2010-12-14Dividend$0.01--
2010-09-14Dividend$0.01--
2010-06-15Dividend$0.01--
2010-03-16Dividend$0.01--
2009-12-17Dividend$0.01--
2009-09-15Dividend$0.01--
2009-06-16Dividend$0.01--
2009-03-17Dividend$0.01-83.33%
2008-12-16Dividend$0.06--
2008-09-16Dividend$0.06-64.71%
2008-06-17Dividend$0.17--
2008-03-18Dividend$0.17-98.75%
2008-01-02Dividend$13.61+6,538.05%
2007-12-14Dividend$0.21--
2007-09-18Dividend$0.21--
2007-06-19Dividend$0.21--
2007-03-20Dividend$0.21+5.13%
2006-12-19Dividend$0.20--
2006-09-19Dividend$0.20--
2006-06-20Dividend$0.20--
2006-03-21Dividend$0.20+6.85%
2005-12-20Dividend$0.18--
2005-09-20Dividend$0.18--
2005-06-21Dividend$0.18--
2005-03-22Dividend$0.18+5.31%
2004-12-15Dividend$0.17--
2004-09-15Dividend$0.17--
2004-06-16Dividend$0.17--
2004-03-17Dividend$0.17+5.03%
2003-12-17Dividend$0.17--
2003-09-17Dividend$0.17--
2003-06-18Dividend$0.17--
2003-03-18Dividend$0.17+11.86%
2002-12-18Dividend$0.15--
2002-09-17Dividend$0.15--
2002-06-18Dividend$0.15--
2002-03-19Dividend$0.15+15.69%
2001-12-18Dividend$0.13--
2001-09-18Dividend$0.13--
2001-06-19Dividend$0.13--
2001-03-20Dividend$0.13+15.91%
2000-12-19Dividend$0.11--
2000-09-19Dividend$0.11--
2000-06-20Dividend$0.11--
2000-03-22Dividend$0.11+22.22%
1999-12-21Dividend$0.09--
1999-09-21Dividend$0.09--
1999-06-22Dividend$0.09--
1999-03-23Dividend$0.09+25.00%
1998-12-18Dividend$0.07--
1998-09-22Dividend$0.07--
1998-06-16Dividend$0.07+200.00%
1998-05-22Split3-2-for-1 Stock SplitN/A
1998-03-18Dividend$0.07+22.22%
1997-12-17Dividend$0.06--
1997-09-19Dividend$0.06--
1997-06-18Dividend$0.06+200.00%
1997-04-09Split3-2-for-1 Stock SplitN/A
1997-03-19Dividend$0.06+22.72%
1996-12-18Dividend$0.05--
1996-09-17Dividend$0.05--
1996-06-18Dividend$0.05+200.00%
1996-04-09Split3-2-for-1 Stock SplitN/A
1996-03-19Dividend$0.05+22.23%
1995-12-19Dividend$0.04--
1995-09-19Dividend$0.04--
1995-06-20Dividend$0.04--
1995-03-20Dividend$0.04+20.52%
1994-12-16Dividend$0.03--
1994-09-16Dividend$0.03--
1994-06-14Dividend$0.03--
1994-03-09Dividend$0.03+21.75%
1993-12-09Dividend$0.03--
1993-09-17Dividend$0.03--
1993-06-17Dividend$0.03-1.41%
1993-03-12Dividend$0.03+16.67%
1992-12-17Dividend$0.02--
1992-09-18Dividend$0.02--
1992-06-17Dividend$0.02+14.27%
1992-03-17Dividend$0.02--
1991-12-17Dividend$0.02--
1991-09-17Dividend$0.02+10.50%
1991-06-18Dividend$0.02--
1991-03-19Dividend$0.02--
1990-12-17Dividend$0.02--
1990-09-18Dividend$0.02--
1990-06-19Dividend$0.02+11.79%
1990-03-16Dividend$0.02--


SNV Dividends vs. Peers

SNV's dividend yield currently ranks #33 of 66 vs. its peers in the Mid-Atlantic Regional Banks category.
Rank Symbol Name Dividend Yield
1 SASR Sandy Spring Bancorp, Inc. 0.00%
2 MBIN Merchants Bancorp 0.00%
3 FBC Flagstar Bancorp, Inc. 0.00%
4 CFG Citizens Financial Group Inc. 0.00%
5 LION Fidelity Southern Corporation 0.00%
6 SBCF Seacoast Banking Corporation of Florida 0.00%
7 TBBK The Bancorp, Inc. 0.00%
8 TCFC The Community Financial Corporation 0.00%
9 NKSH National Bankshares, Inc. 0.00%
10 BMTC Bryn Mawr Bank Corporation 0.00%
11 BNCN BNC Bancorp 0.00%
12 CARE Carter Bankshares, Inc. 0.00%
13 FUNC First United Corporation 0.00%
14 EGBN Eagle Bancorp, Inc. 0.00%
15 BOTJ Bank of the James Financial Group, Inc. 0.00%
16 WFBI WashingtonFirst Bankshares Inc 0.00%
17 SHBI Shore Bancshares Inc 0.00%
18 GBNK Guaranty Bancorp 0.00%
19 AMNB American National Bankshares, Inc. 0.00%
20 NWBI Northwest Bancshares, Inc. 0.00%
21 TOWN Towne Bank 0.00%
22 NWFL Norwood Financial Corp. 0.00%
23 WSBC WesBanco, Inc. 0.00%
24 WSFS WSFS Financial Corporation 0.00%
25 BKU BankUnited, Inc. 0.00%
26 ANCX Access National Corporation 0.00%
27 PWOD Penns Woods Bancorp, Inc. 0.00%
28 GLBZ Glen Burnie Bancorp 0.00%
29 XBKS Xenith Bankshares, Inc. 0.00%
30 ESXB Community Bankers Trust Corporation. 0.00%
31 OLBK Old Line Bancshares, Inc. 0.00%
32 SMMF Summit Financial Group, Inc. 0.00%
33 SNV Synovus Financial Corp. 0.00%
34 OPOF Old Point Financial Corporation 0.00%
35 CBNK Capital Bancorp, Inc. 0.00%
36 SONA Southern National Bancorp of Virginia, Inc. 0.00%
37 UBSH Union Bankshares Corporation 0.00%
38 CCBG Capital City Bank Group 0.00%
39 UBSI United Bankshares, Inc. 0.00%
40 UCBI United Community Banks, Inc. 0.00%
41 UCFC United Community Financial Corp. 0.00%
42 FBNC First Bancorp 0.00%
43 CCNE CNB Financial Corporation 0.00%
44 FBSS Fauquier Bankshares, Inc. 0.00%
45 FCBC First Community Bankshares, Inc. 0.00%
46 OVBC Ohio Valley Banc Corp. 0.00%
47 FCNCA First Citizens BancShares, Inc. - 0.00%
48 MLVF Malvern Bancorp, Inc. 0.00%
49 FDEF First Defiance Financial Corp. 0.00%
50 CZNC Citizens & Northern Corp 0.00%
51 HBMD Howard Bancorp, Inc. 0.00%
52 HBNC Horizon Bancorp, Inc. 0.00%
53 CFFI C&F Financial Corporation 0.00%
54 ABCB Ameris Bancorp 0.00%
55 SSB South State Corporation 0.00%
56 MPB Mid Penn Bancorp 0.00%
57 VBFC Village Bank and Trust Financial Corp. 0.00%
58 CHCO City Holding Company 0.00%
59 CHFN Charter Financial Corp. 0.00%
60 DNBF DNB Financial Corp 0.00%
61 PFBI Premier Financial Bancorp, Inc. 0.00%
62 SVBI Severn Bancorp Inc 0.00%
63 LCNB LCNB Corporation 0.00%
64 CIVB Civista Bancshares, Inc. 0.00%
65 FRBA First Bank 0.00%
66 RMBI Richmond Mutual Bancorporation, Inc. 0.00%

Looking for More Information on SNV dividends?

Here are a few links from around the web to help you further your research on Synovus Financial Corp and its dividends:

Synovus Financial Corp Common Stock (SNV) Dividend History | Nasdaq
Dividend History for Synovus Financial Corp (SNV) - Dividend Investor
Synovus Financial Corp (SNV) Dividend History - Seeking Alpha

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!