How much is Synchrony's (SYF) Series A Preferred Stock dividend per depositary share?

Synchrony's Series A Preferred Stock dividend is $0.351563 per depositary share.

Synchrony Announces Quarterly Common Stock Dividend of $0.25 Per Share

Synchrony Financial (NYSE: SYF) has announced its latest dividend declarations.

(Low)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

Synchrony Financial (NYSE: SYF) has announced its latest dividend declarations. The company's Board of Directors has declared a quarterly cash dividend of $0.25 per share of common stock, payable on February 18, 2025, to shareholders of record as of February 3, 2025.

Additionally, the Board declared quarterly cash dividends for two preferred stock series: The Series A Preferred Stock will pay approximately $14.06 per share ($0.351563 per depositary share), and the Series B Preferred Stock will pay approximately $20.63 per share ($0.515625 per depositary share). Both preferred stock dividends share the same payment and record dates as the common stock dividend.

Positive

Maintained quarterly dividend of $0.25 per share, indicating financial stability
Consistent dividend payments across both common and preferred stock classes

Negative

None.

Argus Session date unavailable

+1.47% session move Open Argus

Details

News Market Reaction – SYF

The recorded move for SYF in the trading session of this news was +1.47%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

01/21/2025 - 04:30 PM EST

Company also declares preferred stock dividends

STAMFORD, Conn., Jan. 21, 2025 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on February 18, 2025 to holders of record at the close of business on February 3, 2025.

The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") and 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"). Each outstanding share of the Series A Preferred Stock and Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share. The dividends of approximately $14.06 per share on the Series A Preferred Stock (equivalent to $0.351563 per outstanding depositary share) and approximately $20.63 per share on the Series B Preferred Stock (equivalent to $0.515625 per outstanding depositary share) are payable on February 18, 2025 to holders of record at the close of business on February 3, 2025.

About Synchrony

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which we refer to as our "partners." We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences. We offer the right financing products to the right customers in their channel of choice. For more information, visit www.synchrony.com.

Contacts

Investor Relations:
Kathryn Miller
Synchrony
kathryn.miller@syf.com
(203) 585-6291

Media Relations:
Lisa Lanspery
Synchrony
lisa.lanspery@syf.com
(203) 585-6143

View original content to download multimedia:https://www.prnewswire.com/news-releases/synchrony-announces-quarterly-common-stock-dividend-of-0-25-per-share-302356323.html

SOURCE Synchrony Financial

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is Synchrony's (SYF) next dividend payment date in 2025?

Synchrony's next dividend payment date is February 18, 2025.

What is Synchrony's (SYF) quarterly dividend amount for Q1 2025?

Synchrony's quarterly dividend amount is $0.25 per share of common stock.

What is the record date for Synchrony's (SYF) February 2025 dividend?

The record date for Synchrony's February 2025 dividend is February 3, 2025.

What is the dividend rate for Synchrony's (SYF) Series B Preferred Stock?

Synchrony's Series B Preferred Stock pays $0.515625 per depositary share.

Synchrony Announces Quarterly Common Stock Dividend of $0.25 Per Share