SNV Dividend History - Synovus Financial

Track the latest SNV dividend history! 2.26% Dividend Yield, 4.84% Annual Growth - Explore SNV's complete dividend history

Yield 12m 2.26%
Cash Amount 12m 1.14
Dividend Growth 5y avg 4.84%
Dividend Rating 59.88%
Yield on Cost 5y 3.62%
Payout Ratio current 35.9%
Payout Frequency 12m 4
Payout Consistency 96.8%
Total Return 12m: 34.11%
#33 in Group
Total Return 5y: 56.65%
#66 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Regional Banks
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
SNV 7,866m 2.26% 3.62%
BHW 2,957m 12.7% 29.8%
PEO 9,447m 13.6% 24.2%
BBAR 3,681m 8.43% 38.1%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
SNV 7,866m 4.84% 59.9%
SPFI 622m 54.0% 66.3%
FBMS 1,141m 23.8% 65.9%
FBP 3,361m 32.0% 63.5%

SNV Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-09-19 2024-09-19 2024-10-01 Quarterly 0.38 0.83%
2024-06-20 2024-06-20 2024-07-01 Quarterly 0.38 1.04%
2024-03-20 2024-03-21 2024-04-01 Quarterly 0.38 1.01%
2023-12-20 2023-12-21 2024-01-02 Quarterly 0.38 1%
2023-09-20 2023-09-21 2023-10-02 Quarterly 0.38 1.31%
2023-06-14 2023-06-15 2023-07-03 Quarterly 0.38 1.2%
2023-03-15 2023-03-16 2023-04-03 Quarterly 0.38 11.8% 1.33%
2022-12-14 2022-12-15 2023-01-03 Quarterly 0.34 0.88%
2022-09-14 2022-09-15 2022-10-03 Quarterly 0.34 0.85%
2022-06-15 2022-06-16 2022-07-01 Quarterly 0.34 0.93%
2022-03-16 2022-03-17 2022-04-01 Quarterly 0.34 3% 0.69%
2021-12-15 2021-12-16 2022-01-03 Quarterly 0.33 0.71%
2021-09-15 2021-09-16 2021-10-01 Quarterly 0.33 0.84%
2021-06-16 2021-06-17 2021-07-01 Quarterly 0.33 0.71%
2021-03-17 2021-03-18 2021-04-01 Quarterly 0.33 0.68%
2020-12-16 2020-12-17 2021-01-04 Quarterly 0.33 1%
2020-09-16 2020-09-17 2020-10-01 Quarterly 0.33 1.5%
2020-06-17 2020-06-18 2020-07-01 Quarterly 0.33 1.43%
2020-03-18 2020-03-19 2020-04-01 Quarterly 0.33 10% 2.12%
2019-12-18 2019-12-19 2020-01-02 Quarterly 0.3
2019-09-18 2019-09-19 2019-10-01 Quarterly 0.3
2019-06-19 2019-06-20 2019-07-01 Quarterly 0.3
2019-03-20 2019-03-21 2019-04-01 Quarterly 0.3 20%
2018-12-19 2018-12-20 2019-01-02 Quarterly 0.25
2018-09-19 2018-09-20 2018-10-01 Quarterly 0.25
2018-06-20 2018-06-21 2018-07-02 Quarterly 0.25
2018-03-14 2018-03-15 2018-04-02 Quarterly 0.25 66.7%
2017-12-20 2017-12-21 2018-01-02 Quarterly 0.15
2017-09-20 2017-09-21 2017-10-02 Quarterly 0.15
2017-06-13 2017-06-15 2017-07-03 Quarterly 0.15
2017-03-14 2017-03-16 2017-04-03 Quarterly 0.15 25%
2016-12-13 2016-12-15 2017-01-02 Quarterly 0.12
2016-09-13 2016-09-15 2016-10-03 Quarterly 0.12
2016-06-14 2016-06-16 2016-07-01 Quarterly 0.12
2016-03-15 2016-03-17 2016-04-01 Quarterly 0.12
2015-12-15 2015-12-17 2016-01-04 Quarterly 0.12 20%
2015-09-15 2015-09-17 2015-10-01 Quarterly 0.1
2015-06-16 2015-06-18 2015-07-01 Quarterly 0.1
2015-03-17 2015-03-19 2015-04-01 Quarterly 0.1
2014-12-16 2014-12-18 2015-01-02 Quarterly 0.1

SNV Dividend History - FAQ

What is the Dividend Yield of SNV?

As of December 2024 SNV`s Dividend Yield is 2.26%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 1.14 USD by the current stock price of 50.35.

What is the long-term Dividend Growth Rate of SNV?

In the last 5 Years the Average Dividend Growth Rate was 4.84% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does SNV pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) SNV paid 4 times a dividend.

What is the Yield on Cost of SNV?

The 5 Year Yield-On-Cost is 3.62%. That's the effective dividend income you'd receive today if you purchased Synovus Financial five years ago. It is calculated by the Rate of the last 12 Months (1.14) divided by the price 5 years ago (31.47).

What is the Payout Consistency of SNV?

SNV has a Payout Consistency of 96.8%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of SNV?

The Overall Dividend Rating of 59.88 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does SNV have a good Dividend Yield?

SNV`s 2.26% Dividend Yield is considered as: moderate.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for SNV?

The next Dividend Date for SNV is unknown.

What is the Dividend Payout Ratio of SNV?

The Dividend Payout Ratio of SNV is 35.9%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: SNV Outstanding Shares

What is the Trend of SNV`s Outstanding Shares?

The Outstanding Shares of Synovus Financial are shrinking at a rate of -0.65% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -70.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Synovus Financial ever had a Stock Split?

Yes, last Stock Split was on 2014-05-19 with a factor of 1:7. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.14.
Year Number of Shares (Mill.) Growth Rate
1985 19069000
1986 20158400 +5.71%
1987 21533700 +6.82%
1988 22197800 +3.08%
1989 22857100 +2.97%
1990 25142800 +10%
1991 25000000 -0.57%
1992 27959200 +11.84%
1993 30158700 +7.87%
1994 31857100 +5.63%
1995 38441500 +20.67%
1996 36530600 -4.97%
1997 36785700 +0.7%
1998 38253900 +3.99%
1999 40309000 +5.37%
2000 41101000 +1.96%
2001 42132400 +2.51%
2002 43152400 +2.42%
2003 43377700 +0.52%
2004 44374500 +2.3%
2005 44805500 +0.97%
2006 46526700 +3.84%
2007 46995700 +1.01%
2008 47112100 +0.25%
2009 69943800 +48.46%
2010 112177500 +60.38%
2011 112304900 +0.11%
2012 130178600 +15.92%
2013 139418900 +7.1%
2014 137831000 -1.14%
2015 131197000 -4.81%
2016 123187000 -6.11%
2017 120182000 -2.44%
2018 116986000 -2.66%
2019 148529000 +26.96%
2020 148725000 +0.13%
2021 146793000 -1.3%
2022 146528000 -0.18%
2023 146877000 +0.24%
2024 143979000 -1.97%