Synchrony Financial (SYF) Dividends

Synchrony Financial (SYF): $49.88

0.93 (-1.83%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

B

Dividend Yield and Dividend History Highlights

  • Over the past six years, SYF has issued more dividends than 81.75% of other dividend-issuing US stocks.
  • The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -14.4 -- higher than 8.59% of other dividend issuers in the US.
  • As for stocks whose price is uncorrelated with SYF's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: T, UHT, YORW, TDS and DG.
SYF Ex-Dividend Date
SYF Dividend Yield
2.00%
SYF Annual Dividend
$1.00
SYF Payout Ratio

SYF Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$49.88$20.62 -43.25%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of SYF, the DDM model, as implemented by StockNews, implies a negative return of 43.25% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Synchrony Financial are:

  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, the expected return of -43.25%, based on the stock's current share price and target price based on a dividend discount model, is greater than 25.1% of the DDM-forecasted return of its its sector peers.
  • Compared to all dividend issuing stocks in our set, Synchrony Financial bears a discount rate, according to our calculations, lower than 25.1% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Beta tells us how volatile a stock's price is relative to the broader equity index; for Synchrony Financial, its beta is lower than only 14.72% of dividend issuing stocks we observed.
  • In comparison to its fellow dividend issuing stocks in the Financial Services sector, Synchrony Financial has an equity discount rate lower than only 14.98% of them.


SYF Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-05-03Dividend$0.25--
2024-02-02Dividend$0.25--
2023-10-31Dividend$0.25--
2023-07-28Dividend$0.25+8.70%
2023-05-01Dividend$0.23--
2023-02-03Dividend$0.23--
2022-10-31Dividend$0.23--
2022-07-29Dividend$0.23+4.55%
2022-04-29Dividend$0.22--
2022-02-09Dividend$0.22--
2021-10-29Dividend$0.22--
2021-07-30Dividend$0.22--
2021-04-30Dividend$0.22--
2021-02-04Dividend$0.22--
2020-10-30Dividend$0.22--
2020-07-31Dividend$0.22--
2020-05-01Dividend$0.22--
2020-02-06Dividend$0.22--
2019-11-01Dividend$0.22--
2019-08-02Dividend$0.22+4.76%
2019-05-03Dividend$0.21--
2019-02-01Dividend$0.21--
2018-11-02Dividend$0.21--
2018-08-03Dividend$0.21+40.00%
2018-05-04Dividend$0.15--
2018-02-02Dividend$0.15--
2017-11-03Dividend$0.15--
2017-08-03Dividend$0.15+15.38%
2017-05-04Dividend$0.13--
2017-02-02Dividend$0.13--
2016-11-03Dividend$0.13-50.00%
2016-08-10Dividend$0.26--


SYF Dividends vs. Peers

SYF's dividend yield currently ranks #62 of 65 vs. its peers in the Consumer Financial Services category.
Rank Symbol Name Dividend Yield
1 OMF OneMain Holdings, Inc. 0.00%
2 TAX Liberty Tax, Inc. - 0.00%
3 WP Worldpay, Inc. 0.00%
4 EDNMY Edenred SA 0.00%
5 MFH Mercurity Fintech Holding Inc. 0.00%
6 NICK Nicholas Financial, Inc. 0.00%
7 PSFE Paysafe Limited 0.00%
8 FOA Finance of America Companies Inc. 0.00%
9 EEFT Euronet Worldwide, Inc. 0.00%
10 AX Axos Financial, Inc. 0.00%
11 MNSB MainStreet Bancshares, Inc. 0.00%
12 CIT CIT Group Inc (DEL) 0.00%
13 CLGX CoreLogic, Inc. 0.00%
14 PAYS Paysign, Inc. 0.00%
15 TREE LendingTree, Inc. 0.00%
16 WRLD World Acceptance Corporation 0.00%
17 ALLY Ally Financial Inc. 0.00%
18 NRDS NerdWallet, Inc. 0.00%
19 CURO CURO Group Holdings Corp. 0.00%
20 SLM SLM Corporation 0.00%
21 QFIN 360 Finance, Inc. 0.00%
22 HRB H&R Block, Inc. 0.00%
23 COF Capital One Financial Corp. 0.00%
24 TRU TransUnion 0.00%
25 SUNL Sunlight Financial LLC 0.00%
26 SNTG Sentage Holdings Inc. 0.00%
27 WU Western Union Co. 0.00%
28 FMCC Freddie Mac 0.00%
29 CASS Cass Information Systems, Inc 0.00%
30 FNMA Federal National Mortgage Association 0.00%
31 EFX Equifax Inc. 0.00%
32 CATM Cardtronics plc 0.00%
33 HTH Hilltop Holdings Inc. 0.00%
34 GDOT Green Dot Corp. 0.00%
35 RATE Bankrate, Inc. 0.00%
36 EZPW Ezcorp Inc. Cl A 0.00%
37 MGI Moneygram International, Inc. 0.00%
38 LC LendingClub Corporation 0.00%
39 CRZNU Corazon Capital V838 Monoceros Corp 0.00%
40 AMK AssetMark Financial Holdings, Inc. 0.00%
41 PYPL PayPal Holdings, Inc. 0.00%
42 LDI loanDepot, Inc. 0.00%
43 FCFS FirstCash, Inc. 0.00%
44 LMFA LM Funding America, Inc. 0.00%
45 ATLC Atlanticus Holdings Corporation 0.00%
46 HAWK Blackhawk Network Holdings, Inc. 0.00%
47 ENVA Enova International, Inc. 0.00%
48 DLO dLocal Ltd. 0.00%
49 BBDC Barings BDC, Inc. 0.00%
50 BMTX BM Technologies, Inc. 0.00%
51 NU Nu Holdings Ltd. 0.00%
52 KPLT Katapult Group, Inc., 0.00%
53 HUNTF Hunter Maritime Acquisition Corp. 0.00%
54 UWMC UWM Holdings Corporation 0.00%
55 NCR NCR Corporation 0.00%
56 RM Regional Management Corp. 0.00%
57 AXP American Express Co. 0.00%
58 V Visa Inc. CI A 0.00%
59 MA Mastercard Incorporated 0.00%
60 GPN Global Payments Inc. 0.00%
61 LPRO Open Lending Corp. Cl A 0.00%
62 SYF Synchrony Financial 0.00%
63 ADS Alliance Data Systems Corporation 0.00%
64 DFS Discover Financial Services 0.00%
65 GFAI Guardforce AI 0.00%

Looking for More Information on SYF dividends?

Here are a few links from around the web to help you further your research on Synchrony Financial and its dividends:

Synchrony Financial Common Stock (SYF) Dividend History | Nasdaq
Dividend History for Synchrony Financial (SYF) - Dividend Investor
Synchrony Financial (SYF) Dividend History - Seeking Alpha

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