Page title
Section title
- Dividend Yield
- 3.41%
- Payout Ratio
- 39.48%
- Dividend Amount Per Share
- $1.52
- Last Ex-Dividend Date
- Sep 19, 2024
SNV Dividend Safety
SNV paid out 39.48% of its $544M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
SNV's Dividend Payout Ratio of 39.48% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
SNV's Interest Coverage Ratio of 0.459 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
SNV shows excellent income quality with a ratio of 1.724. This indicates high-quality earnings and low risk of dividend cuts.
SNV Dividend Growth
Synovus Financial Corp.(SNV) offers a dividend yield of 3.41% and pays $1.52 in dividends per share. Explore the historical dividend growth of SNV.
Dividend Stability
SNV has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
SNV's dividend payments have shown moderate growth, growing by 4.841% annually over the last 5 years.
Earnings Growth
SNV's earnings have shown very poor growth, shrinking by -0.723% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
SNV Dividend Yield Attractiveness
Synovus Financial Corp.(SNV) provides a dividend yield of 3.41%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.78%
3.41%
3.73%
4.13%
Dividend Yield
SNV's dividend yield of 3.41% is considered good compared to the sector average of 3.73%, providing a strong safety margin for investors.
SNV Cash Flow
Over the past 12 months, SNV generated $2B in revenue, produced $884M in free cash flow, and distributed $261M in dividends.
Free Cash Flow Growth
SNV's free cash flow has grown by 10.086% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
SNV Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Synovus Financial Corp.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.