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Synovus Financial 3-Year Dividend Growth Rate

: 9.70% (As of Jun. 2022)
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Synovus Financial's Dividends per Share for the three months ended in Jun. 2022 was $0.34.

The historical rank and industry rank for Synovus Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

SNV' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -63.5   Med: 19.7   Max: 35.7
Current: 9.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Synovus Financial was 35.70% per year. The lowest was -63.50% per year. And the median was 19.70% per year.

SNV's 3-Year Dividend Growth Rate is ranked better than
71.11% of 931 companies
in the Banks industry
Industry Median: 4.20 vs SNV: 9.70

During the past 3 years, the average Dividends Per Share Growth Rate was 9.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 21.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Synovus Financial's Dividend Payout Ratio for the three months ended in Jun. 2022 was 0.29. As of today, Synovus Financial's Dividend Yield % is 3.18%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Synovus Financial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Synovus Financial 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Synovus Financial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Synovus Financial's 3-Year Dividend Growth Rate falls into.



Synovus Financial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Synovus Financial  (NYSE:SNV) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Synovus Financial's Dividend Payout Ratio for the quarter that ended in Jun. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2022 )/ EPS without NRI (Q: Jun. 2022 )
=0.34/ 1.16
=0.29

During the past 13 years, the highest Dividend Payout Ratio of Synovus Financial was 0.57. The lowest was 0.05. And the median was 0.27.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Synovus Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3402022-06-152022-06-162022-07-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402022-03-162022-03-172022-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302021-12-152021-12-162022-01-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302021-09-152021-09-162021-10-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Synovus Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.34/42.05
=3.19 %

Current Share Price is $42.05.
Synovus Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.34.

During the past 13 years, the highest Dividend Yield of Synovus Financial was 8.45%. The lowest was 1.08%. And the median was 1.58%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Synovus Financial 3-Year Dividend Growth Rate Related Terms>


Synovus Financial Business Description

Synovus Financial logo
Address
1111 Bay Avenue, Suite 500, Columbus, GA, USA, 31901
Synovus Financial operates dozens of community banks throughout Georgia, Alabama, Florida, Tennessee, and South Carolina. Concentrating on commercial loans and commercial real estate, the bank uses its small-town image to establish strong relationships with its small-business customers. The company's business segments include Community Banking, Wholesale Banking, and Financial Management Services (FMS).
Executives
White Teresa L director 1932 WYNNTON RD COLUMBUS GA 31999
Prochaska Joseph J Jr director METLIFE 200 PARK AVENUE NEW YORK NY 10166
Derrick Robert Warren officer: EVP & Chief Credit Officer 1111 BAY AVENUE, SUITE 500 COLUMBUS GA 31901
Singleton Jeffrey Barton officer: EVP, President FMS 1111 BAY AVENUE SUITE 500 COLUMBUS GA 31901
Bishop Daniel Zachary officer: EVP, Tech., Ops., & Sec. 1111 BAY AVENUE COLUMBUS GA 31901
Dierdorff Thomas T officer: EVP, Corp. & Inv. Banking 1111 BAY AVENUE COLUMBUS GA 31901
Goodwine Sharon officer: EVP Chief Human Resources Off 1111 BAY AVENUE COLUMBUS GA 31901
Weislogel Katherine officer: EVP & Exec. Dir., Treasury 1111 BAY AVENUE COLUMBUS GA 31901
Wolverton Elizabeth D. officer: EVP, Head Con. Bank. Brand Exp 1111 BAY AVENUE SUITE 500 COLUMBUS GA 31901
Akins D Wayne Jr officer: EVP, Chief Comm Banking Off. P.O. BOX 120 COLUMBUS GA 31902
Kamensky Allan E officer: EVP and General Counsel P.O. BOX 120 COLUMBUS GA 31902
Howard Kevin Joseph officer: EVP, Chief Wholesale Bank. Off 1111 BAY AVENUE SUITE 500 COLUMBUS GA 31901
Blair Kevin S. officer: President and CEO 1111 BAY AVENUE, SUITE 500 COLUMBUS GA 31901
Hurley Jill K officer: Chief Accounting Officer 1111 BAY AVENUE, SUITE 200 COLUMBUS GA 31901
Stelling Kessel D director, officer: Executive Chairman 1111 BAY AVENUE SUITE 500 COLUMBUS GA 31901

Synovus Financial Headlines

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