Synovus announces quarterly dividends

Rhea-AI Summary

The board of directors of Synovus Financial Corp. (NYSE: SNV) has declared quarterly dividends for shareholders. Common stock will receive $0.38 per share, payable on April 3, 2023, to holders of record as of March 16, 2023.

The Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, will yield $0.39375 per share, payable on March 21, 2023, for those on record as of March 15, 2023. Additionally, the Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, will pay $0.3671875 per share on April 3, 2023.

Positive

• Quarterly dividend for common stock at $0.38, indicating continued shareholder returns.
• Healthy dividends for Series D and E preferred stocks demonstrate stability.

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 April 3, 2023, to shareholders of record as of March 16, 2023.
• $0.39375 per share on the company’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on March 21, 2023, to shareholders of record as of March 15, 2023.
• $0.3671875 per share on the company’s Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, payable on April 3, 2023, to shareholders of record as of March 15, 2023.

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 and is on the web at synovus.com, and on Twitter, Facebook, LinkedIn and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230302005232/en/

Audria Belton

media@synovus.com

Source: Synovus Financial Corp.

FAQ

What is the dividend amount for Synovus Financial Corp. (SNV) common stock?

The dividend amount is $0.38 per share.

When is the Synovus Financial Corp. (SNV) dividend payable?

The dividend is payable on April 3, 2023.

What are the dividend details for Synovus Financial Corp. (SNV) preferred stocks?

Series D pays $0.39375 on March 21, 2023; Series E pays $0.3671875 on April 3, 2023.

Who is eligible for the Synovus Financial Corp. (SNV) dividends?

Shareholders of record as of March 16, 2023, for common stock and March 15, 2023, for preferred stocks.