SNV Dividend Dates 2023 ❤️

Company Description

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services.

It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services. The company’s commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans.

Its retail banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services; and bank credit and debit card services.

The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, and financial planning services, as well as provides individual investment advice on equity and other securities.

As of December 31, 2020, it operated through 289 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina, and Tennessee. The company was founded in 1888 and is headquartered in Columbus, Georgia.

For a company founded more than 100 years ago is considered to be quite old in the stock market. Synovus Financial has 5,033 employees. For more information about this company, please visit their website.

Analysis

We believe using more recent dividend history can provide better dividend analysis for a company.

The most recent SNV dividend details are as follows:
The dividend will be payable on JAN 03, 2023, to stockholders of record on DEC 15, 2022, with an ex-dividend date of DEC 14, 2022. This dividend is $0.340.
There is no change from the prior dividend.

Based on our analysis, from DEC 11, 2012, SNV pays dividend 41 times.
Total dividend paid so far is $8.36. Average dividend is $0.20.
Maximum dividend is $0.34 while minimum dividend is $0.07.

Dividend Forecast

According to recent data, over last 10 years, SNV pays dividend consistently 41 times. In terms of dividend payment consistency, we rate it ten out of ten, which means the future dividend payment is fairly predictable and reliable. If investors are looking for dividend stocks, this could be one of the good indicators. On the other hand, frequent dividend payment during the year means investors don’t need to wait for too long to get dividend payment. It is good for someone lives on stock dividends as a source of income.

Compared with other stocks

Another way to look at a stock’s dividend is to compare it to a peer company’s dividend. If two stocks are in the same industry and have a similar market capitalisation, then they are considered similar.

Code MarketCap(M) Last Dividend
SRC 5,300 $0.663
TXRH 5,310 $0.460
SNV 5,310 $0.340
SBS 5,310 $0.179
MCBS 532 $0.150
WTI 532 $0.100
SXC 533 $0.080
RGTI 531 $0.000
OPRA 531 $0.000
DNA 5,310 $0.000
ITCI 5,300 $0.000
LITE 5,310 $0.000

As can be seen from the comparison table above, SNV ranks number three in this group of twelve stocks with the latest dividend of $0.340.

Dividend History

Ex-Dividend Date Dividend Payment Date Record Date
14/12/2022 $0.34 03/01/2023 15/12/2022
14/09/2022 $0.34 03/10/2022 15/09/2022
15/06/2022 $0.34 01/07/2022 16/06/2022
16/03/2022 $0.34 01/04/2022 17/03/2022
15/12/2021 $0.33 03/01/2022 16/12/2021
15/09/2021 $0.33 01/10/2021 16/09/2021
16/06/2021 $0.33 01/07/2021 17/06/2021
17/03/2021 $0.33 01/04/2021 18/03/2021
16/12/2020 $0.33 04/01/2021 17/12/2020
16/09/2020 $0.33 01/10/2020 17/09/2020
17/06/2020 $0.33 01/07/2020 18/06/2020
18/03/2020 $0.33 01/04/2020 19/03/2020
18/12/2019 $0.3 02/01/2020 19/12/2019
18/09/2019 $0.3 01/10/2019 19/09/2019
19/06/2019 $0.3 01/07/2019 20/06/2019
20/03/2019 $0.3 01/04/2019 21/03/2019
19/12/2018 $0.25 02/01/2019 20/12/2018
19/09/2018 $0.25 01/10/2018 20/09/2018
20/06/2018 $0.25 02/07/2018 21/06/2018
14/03/2018 $0.25 02/04/2018 15/03/2018
20/12/2017 $0.15 02/01/2018 21/12/2017
20/09/2017 $0.15 02/10/2017 21/09/2017
13/06/2017 $0.15 03/07/2017 15/06/2017
14/03/2017 $0.15 03/04/2017 16/03/2017
13/12/2016 $0.12 02/01/2017 15/12/2016

SNV Dividend Growth Chart

A picture is better than thousands of words. The following chart shows you SNV dividend growth over the years.