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Synchrony Financial (Synchrony Financial) 3-Year Dividend Growth Rate : 2.90% (As of Mar. 2024)


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What is Synchrony Financial 3-Year Dividend Growth Rate?

Synchrony Financial's Dividends per Share for the three months ended in Mar. 2024 was $0.25.

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

SYF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.5   Med: 6.9   Max: 49
Current: 2.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Synchrony Financial was 49.00% per year. The lowest was 1.50% per year. And the median was 6.90% per year.

SYF's 3-Year Dividend Growth Rate is ranked worse than
62.88% of 132 companies
in the Credit Services industry
Industry Median: 8.35 vs SYF: 2.90

During the past 12 months, Synchrony Financial's average Dividends Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.60% 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.

Synchrony Financial's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.08. As of today, Synchrony Financial's Dividend Yield % is 2.19%.

Warning Sign:

Synchrony Financial stock dividend yield is close to 2-year low.

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


Competitive Comparison of Synchrony Financial's 3-Year Dividend Growth Rate

For the Credit Services subindustry, Synchrony 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.


Synchrony Financial's 3-Year Dividend Growth Rate Distribution in the Credit Services Industry

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

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



Synchrony 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.


Synchrony Financial  (NYSE:SYF) 3-Year Dividend Growth Rate Explanation

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

Synchrony Financial's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.25/ 3.14
=0.08

During the past 13 years, the highest Dividend Payout Ratio of Synchrony Financial was 0.39. The lowest was 0.10. And the median was 0.17.

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

Synchrony Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-02-022024-02-052024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-10-312023-11-012023-11-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-07-282023-07-312023-08-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.2302023-05-012023-05-022023-05-12Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.98/44.63
=2.20 %

Current Share Price is $44.63.
Synchrony Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.98.

During the past 13 years, the highest Dividend Yield of Synchrony Financial was 6.57%. The lowest was 0.35%. And the median was 2.34%.

Warning Sign:

Synchrony Financial stock dividend yield is close to 2-year low.

* 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.


Synchrony Financial 3-Year Dividend Growth Rate Related Terms>


Synchrony Financial (Synchrony Financial) Business Description

Address
777 Long Ridge Road, Stamford, CT, USA, 06902
Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).
Executives
Carol Juel officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Bart Schaller officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
David P Melito officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Brian D Doubles officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Jonathan S Mothner officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Maran Nalluswami officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Wenzel Brian J. Sr. officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Alberto Casellas officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Margaret M Keane director, officer: President and CEO 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Kamila K Chytil director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Curtis Howse officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Paul Whynott officer: See remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Thomas M Quindlen officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Henry F Greig officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
P.w. Parker director U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402

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