Synovus announces quarterly dividends

Rhea-AI Summary

Synovus Financial Corp. (NYSE: SNV) announced its quarterly dividends. The company declared a dividend of $0.38 per share on common stock, payable on July 1, 2024, to shareholders of record as of June 20, 2024.

Additionally, it declared $0.57159 per share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on June 21, 2024, to shareholders of record as of June 15, 2024. The Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, will have a dividend of $0.3671875 per share, payable on July 1, 2024, to shareholders of record as of June 15, 2024.

Synovus, based in Columbus, Georgia, holds approximately $60 billion in assets and provides a wide range of financial services across several states.

Positive

• Declared dividends: $0.38 per share on common stock.
• Declared dividends: $0.57159 per share on Series D preferred stock.
• Declared dividends: $0.3671875 per share on Series E preferred stock.
• Synovus manages approximately $60 billion in assets.

Negative

• None.

COLUMBUS, Ga.--(BUSINESS WIRE)-- The board of directors of Synovus Financial Corp. (NYSE: SNV) has declared the following quarterly dividends:

• $0.38 per share on the company’s common stock, payable on July 1, 2024, to shareholders of record as of June 20, 2024.
• $0.57159 per share on the company’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on June 21, 2024, to shareholders of record as of June 15, 2024.
• $0.3671875 per share on the company’s Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, payable on July 1, 2024, to shareholders of record as of June 15, 2024.

Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. Synovus provides commercial and consumer banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at synovus.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240603060070/en/

Audria Belton

media@synovus.com

Source: Synovus Financial Corp.

FAQ

What is the dividend declared by Synovus Financial Corp. for common stock in Q2 2024?

Synovus declared a dividend of $0.38 per share on common stock, payable on July 1, 2024.

When is the record date for Synovus Financial Corp.'s common stock dividend?

The record date is June 20, 2024.

What is the dividend declared on Synovus's Series D preferred stock?

The dividend for Series D preferred stock is $0.57159 per share, payable on June 21, 2024.

When is the record date for Synovus's Series D preferred stock dividend?

The record date is June 15, 2024.

What dividend is Synovus paying on its Series E preferred stock?

Synovus is paying a dividend of $0.3671875 per share on Series E preferred stock, payable on July 1, 2024.

When is the record date for Synovus's Series E preferred stock dividend?

The record date is June 15, 2024.

How much in assets does Synovus Financial Corp. manage?

Synovus manages approximately $60 billion in assets.