Synovus Announces Quarterly Dividends

Rhea-AI Summary

Synovus Financial Corp. (NYSE: SNV) has declared its quarterly dividends. Shareholders will receive $0.33 per share on common stock, payable on January 3, 2022, to those on record by December 16, 2021. Additionally, a dividend of $0.39375 per share for Series D Preferred Stock will be paid on December 21, 2021, for shareholders of record as of December 15, 2021. Series E Preferred Stock shareholders will receive $0.3671875 per share on January 3, 2022, also to record holders by December 15, 2021.

Positive

• Consistent quarterly dividend payments reflect financial stability.
• Total assets of approximately $56 billion indicate strong market presence.

Negative

• None.

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

• $0.33 per share on the company’s common stock, payable on January 3, 2022, to shareholders of record as of December 16, 2021.
• $0.39375 per share on the company’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on December 21, 2021, to shareholders of record as of December 15, 2021.
• $0.3671875 per share on the company’s Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, payable on January 3, 2022, to shareholders of record as of December 15, 2021.

Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $56 billion in assets. Synovus provides commercial and retail 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, and international banking through 283 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/20211202005835/en/

Cal Evans

Investor Relations

706.644.8084

Source: Synovus Financial Corp.

FAQ

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

Synovus Financial Corp. (SNV) has declared a dividend of $0.33 per share on common stock and $0.39375 and $0.3671875 for its preferred stocks.

When is the dividend payment date for Synovus Financial Corp. (SNV)?

The dividend for common stock is payable on January 3, 2022, and for preferred stock, it is payable on December 21, 2021, and January 3, 2022.

Who are eligible shareholders for the dividend of Synovus Financial Corp. (SNV)?

Shareholders of record as of December 16, 2021, for common stock and December 15, 2021, for the preferred stocks are eligible.

How often does Synovus Financial Corp. (SNV) pay dividends?

Synovus Financial Corp. (SNV) typically pays dividends quarterly.