Synovus Announces Quarterly Dividends

Rhea-AI Summary

The Board of Directors of Synovus Financial Corp. (NYSE: SNV) has announced quarterly dividends. Shareholders will receive $0.34 per share on common stock, payable on July 1, 2022, to those on record by June 16, 2022. Additionally, a dividend of $0.39375 per share on Series D Preferred Stock will be paid on June 21, 2022, for shareholders on record by June 15, 2022, while $0.3671875 will be distributed for Series E Preferred Stock, also on July 1, 2022.

Positive

• Quarterly dividend of $0.34 per share for common stock indicates the company's profitability.
• Dividends for Series D and E Preferred Stocks show ongoing financial stability.

Negative

• None.

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

• $0.34 per share on the company’s common stock, payable on July 1, 2022, to shareholders of record as of June 16, 2022.
• $0.39375 per share on the company’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on June 21, 2022, to shareholders of record as of June 15, 2022.
• $0.3671875 per share on the company’s Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, payable on July 1, 2022, to shareholders of record as of June 15, 2022.

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 272 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus is a Great Place to Work-Certified Company, is on the web at synovus.com, and is on Twitter, Facebook, LinkedIn, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220602005231/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. has declared a quarterly dividend of $0.34 per share on common stock.

When will the dividends for Synovus Financial Corp. (SNV) be paid?

The dividends will be payable on July 1, 2022, for common stock and July 1, 2022, for Series E Preferred Stock.

What is the record date for the recent dividend of Synovus Financial Corp. (SNV)?

The record date for the common stock dividend is June 16, 2022.

What is the dividend for Series D Preferred Stock of Synovus (SNV)?

The dividend for Series D Preferred Stock is $0.39375 per share, payable on June 21, 2022.

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

Synovus Financial Corp. pays dividends quarterly.