Synchrony Financial (Synchrony Financial) Dividend Payout Ratio

: 0.24 (As of Dec. 2023)

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Synchrony Financial's dividend payout ratio for the months ended in Dec. 2023 was 0.24.

The historical rank and industry rank for Synchrony Financial's Dividend Payout Ratio or its related term are showing as below:

SYF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.17 Max: 0.39
Current: 0.19

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.

SYF's Dividend Payout Ratio is ranked better than
72.43% of 185 companies
in the Credit Services industry
Industry Median: 0.33 vs SYF: 0.19

As of today (2024-04-19), the Dividend Yield % of Synchrony Financial is 2.40%.

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

Synchrony Financial's Dividends per Share for the months ended in Dec. 2023 was $0.25.

During the past 12 months, Synchrony Financial's average Dividends Per Share Growth Rate was 6.70% 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.

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.

The growth rate is calculated with least square regression.

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

Synchrony Financial Dividend Payout Ratio Historical Data

The historical data trend for Synchrony Financial's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Synchrony Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.16

0.39

0.12

0.15

0.18

Synchrony Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.18	0.17	0.17	0.17	0.24

Competitive Comparison

For the Credit Services subindustry, Synchrony Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Credit Services industry and Financial Services sector, Synchrony Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Synchrony Financial's Dividend Payout Ratio falls into.

Synchrony Financial Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Synchrony Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.96	/	5.268
	=	0.18

Synchrony Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.25	/	1.03
	=	0.24

Synchrony Financial (NYSE:SYF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Synchrony Financial Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Synchrony Financial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Synchrony Financial (Synchrony Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Synchrony Financial (NYSE:SYF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SYFpA.PFD:USA SYF:Mexico SFE:Germany SFE:Germany SFE:Germany S1YF34:Brazil

Address

777 Long Ridge Road, Stamford, CT, USA, 06902

Website

https://www.synchronyfinancial.com

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