Synovus Financial Corp. (SNV) Dividends
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 Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $49.39 | $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 |
|---|---|---|---|
| 2024-09-19 | Dividend | $0.38 | -- |
| 2024-06-20 | Dividend | $0.38 | -- |
| 2024-03-20 | Dividend | $0.38 | -- |
| 2023-12-20 | Dividend | $0.38 | -- |
| 2023-09-20 | Dividend | $0.38 | -- |
| 2023-06-14 | Dividend | $0.38 | -- |
| 2023-03-15 | Dividend | $0.38 | +11.76% |
| 2022-12-14 | Dividend | $0.34 | -- |
| 2022-09-14 | Dividend | $0.34 | -- |
| 2022-06-15 | Dividend | $0.34 | -- |
| 2022-03-16 | Dividend | $0.34 | +3.03% |
| 2021-12-15 | Dividend | $0.33 | -- |
| 2021-09-15 | Dividend | $0.33 | -- |
| 2021-06-16 | Dividend | $0.33 | -- |
| 2021-03-17 | Dividend | $0.33 | -- |
| 2020-12-16 | Dividend | $0.33 | -- |
| 2020-09-16 | Dividend | $0.33 | -- |
| 2020-06-17 | Dividend | $0.33 | -- |
| 2020-03-18 | Dividend | $0.33 | +10.00% |
| 2019-12-18 | Dividend | $0.30 | -- |
| 2019-09-18 | Dividend | $0.30 | -- |
| 2019-06-19 | Dividend | $0.30 | -- |
| 2019-03-20 | Dividend | $0.30 | +20.00% |
| 2018-12-19 | Dividend | $0.25 | -- |
| 2018-09-19 | Dividend | $0.25 | -- |
| 2018-06-20 | Dividend | $0.25 | -- |
| 2018-03-14 | Dividend | $0.25 | +66.67% |
| 2017-12-20 | Dividend | $0.15 | -- |
| 2017-09-20 | Dividend | $0.15 | -- |
| 2017-06-13 | Dividend | $0.15 | -- |
| 2017-03-14 | Dividend | $0.15 | +25.00% |
| 2016-12-13 | Dividend | $0.12 | -- |
| 2016-09-13 | Dividend | $0.12 | -- |
| 2016-06-14 | Dividend | $0.12 | -- |
| 2016-03-15 | Dividend | $0.12 | -- |
| 2015-12-15 | Dividend | $0.12 | +20.00% |
| 2015-09-15 | Dividend | $0.10 | -- |
| 2015-06-16 | Dividend | $0.10 | -- |
| 2015-03-17 | Dividend | $0.10 | -- |
| 2014-12-16 | Dividend | $0.10 | +42.86% |
| 2014-09-16 | Dividend | $0.07 | -- |
| 2014-06-17 | Dividend | $0.07 | +600.00% |
| 2014-05-19 | Split | 1-7-for-1 Stock Split | N/A |
| 2014-03-18 | Dividend | $0.01 | -- |
| 2013-12-17 | Dividend | $0.01 | -- |
| 2013-09-17 | Dividend | $0.01 | -- |
| 2013-06-18 | Dividend | $0.01 | -- |
| 2013-03-19 | Dividend | $0.01 | -- |
| 2012-12-11 | Dividend | $0.01 | -- |
| 2012-09-18 | Dividend | $0.01 | -- |
| 2012-06-12 | Dividend | $0.01 | -- |
| 2012-03-13 | Dividend | $0.01 | -- |
| 2011-12-14 | Dividend | $0.01 | -- |
| 2011-09-13 | Dividend | $0.01 | -- |
| 2011-06-14 | Dividend | $0.01 | -- |
| 2011-03-15 | Dividend | $0.01 | -- |
| 2010-12-14 | Dividend | $0.01 | -- |
| 2010-09-14 | Dividend | $0.01 | -- |
| 2010-06-15 | Dividend | $0.01 | -- |
| 2010-03-16 | Dividend | $0.01 | -- |
| 2009-12-17 | Dividend | $0.01 | -- |
| 2009-09-15 | Dividend | $0.01 | -- |
| 2009-06-16 | Dividend | $0.01 | -- |
| 2009-03-17 | Dividend | $0.01 | -83.33% |
| 2008-12-16 | Dividend | $0.06 | -- |
| 2008-09-16 | Dividend | $0.06 | -64.71% |
| 2008-06-17 | Dividend | $0.17 | -- |
| 2008-03-18 | Dividend | $0.17 | -98.75% |
| 2008-01-02 | Dividend | $13.61 | +6,538.05% |
| 2007-12-14 | Dividend | $0.21 | -- |
| 2007-09-18 | Dividend | $0.21 | -- |
| 2007-06-19 | Dividend | $0.21 | -- |
| 2007-03-20 | Dividend | $0.21 | +5.13% |
| 2006-12-19 | Dividend | $0.20 | -- |
| 2006-09-19 | Dividend | $0.20 | -- |
| 2006-06-20 | Dividend | $0.20 | -- |
| 2006-03-21 | Dividend | $0.20 | +6.85% |
| 2005-12-20 | Dividend | $0.18 | -- |
| 2005-09-20 | Dividend | $0.18 | -- |
| 2005-06-21 | Dividend | $0.18 | -- |
| 2005-03-22 | Dividend | $0.18 | +5.31% |
| 2004-12-15 | Dividend | $0.17 | -- |
| 2004-09-15 | Dividend | $0.17 | -- |
| 2004-06-16 | Dividend | $0.17 | -- |
| 2004-03-17 | Dividend | $0.17 | +5.03% |
| 2003-12-17 | Dividend | $0.17 | -- |
| 2003-09-17 | Dividend | $0.17 | -- |
| 2003-06-18 | Dividend | $0.17 | -- |
| 2003-03-18 | Dividend | $0.17 | +11.86% |
| 2002-12-18 | Dividend | $0.15 | -- |
| 2002-09-17 | Dividend | $0.15 | -- |
| 2002-06-18 | Dividend | $0.15 | -- |
| 2002-03-19 | Dividend | $0.15 | +15.69% |
| 2001-12-18 | Dividend | $0.13 | -- |
| 2001-09-18 | Dividend | $0.13 | -- |
| 2001-06-19 | Dividend | $0.13 | -- |
| 2001-03-20 | Dividend | $0.13 | +15.91% |
| 2000-12-19 | Dividend | $0.11 | -- |
| 2000-09-19 | Dividend | $0.11 | -- |
| 2000-06-20 | Dividend | $0.11 | -- |
| 2000-03-22 | Dividend | $0.11 | +22.22% |
| 1999-12-21 | Dividend | $0.09 | -- |
| 1999-09-21 | Dividend | $0.09 | -- |
| 1999-06-22 | Dividend | $0.09 | -- |
| 1999-03-23 | Dividend | $0.09 | +25.00% |
| 1998-12-18 | Dividend | $0.07 | -- |
| 1998-09-22 | Dividend | $0.07 | -- |
| 1998-06-16 | Dividend | $0.07 | +200.00% |
| 1998-05-22 | Split | 3-2-for-1 Stock Split | N/A |
| 1998-03-18 | Dividend | $0.07 | +22.22% |
| 1997-12-17 | Dividend | $0.06 | -- |
| 1997-09-19 | Dividend | $0.06 | -- |
| 1997-06-18 | Dividend | $0.06 | +200.00% |
| 1997-04-09 | Split | 3-2-for-1 Stock Split | N/A |
| 1997-03-19 | Dividend | $0.06 | +22.72% |
| 1996-12-18 | Dividend | $0.05 | -- |
| 1996-09-17 | Dividend | $0.05 | -- |
| 1996-06-18 | Dividend | $0.05 | +200.00% |
| 1996-04-09 | Split | 3-2-for-1 Stock Split | N/A |
| 1996-03-19 | Dividend | $0.05 | +22.23% |
| 1995-12-19 | Dividend | $0.04 | -- |
| 1995-09-19 | Dividend | $0.04 | -- |
| 1995-06-20 | Dividend | $0.04 | -- |
| 1995-03-20 | Dividend | $0.04 | +20.52% |
| 1994-12-16 | Dividend | $0.03 | -- |
| 1994-09-16 | Dividend | $0.03 | -- |
| 1994-06-14 | Dividend | $0.03 | -- |
| 1994-03-09 | Dividend | $0.03 | +21.75% |
| 1993-12-09 | Dividend | $0.03 | -- |
| 1993-09-17 | Dividend | $0.03 | -- |
| 1993-06-17 | Dividend | $0.03 | -1.41% |
| 1993-03-12 | Dividend | $0.03 | +16.67% |
| 1992-12-17 | Dividend | $0.02 | -- |
| 1992-09-18 | Dividend | $0.02 | -- |
| 1992-06-17 | Dividend | $0.02 | +14.27% |
| 1992-03-17 | Dividend | $0.02 | -- |
| 1991-12-17 | Dividend | $0.02 | -- |
| 1991-09-17 | Dividend | $0.02 | +10.50% |
| 1991-06-18 | Dividend | $0.02 | -- |
| 1991-03-19 | Dividend | $0.02 | -- |
| 1990-12-17 | Dividend | $0.02 | -- |
| 1990-09-18 | Dividend | $0.02 | -- |
| 1990-06-19 | Dividend | $0.02 | +11.79% |
| 1990-03-16 | Dividend | $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.
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