Synovus Announces Quarterly Dividends

Rhea-AI Summary

The Board of Directors of Synovus Financial Corp (NYSE: SNV) has declared quarterly dividends: $0.33 per share on common stock, payable on October 1, 2021, to shareholders of record as of September 16, 2021; $0.39375 per share on Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on September 21, 2021; and $0.3671875 per share on Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, payable on October 1, 2021.

Positive

• Solid dividend announcement with three types of dividends declared.
• Confidence in financial stability evident through regular dividend payments.

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 October 1, 2021, to shareholders of record as of September 16, 2021.
• $0.39375 per share on the company’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on September 21, 2021, to shareholders of record as of September 15, 2021.
• $0.3671875 per share on the company’s Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, payable on October 1, 2021, to shareholders of record as of September 15, 2021.

Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $55 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 285 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/20210902005028/en/

Kevin Brown

Investor Relations

706.644.0948

Source: Synovus Financial Corp.

FAQ

What is the dividend amount for Synovus Financial Corp (SNV) for Q3 2021?

Synovus Financial Corp (SNV) declared a dividend of $0.33 per share for common stock.

When will the dividends for SNV be paid?

The dividends will be paid on October 1, 2021, for common stock and Series E, and on September 21, 2021, for Series D.

What are the payment dates for the dividends declared by SNV?

The payment dates are October 1, 2021, for common stock and Series E, and September 21, 2021, for Series D.

Who are eligible shareholders for the SNV dividends?

Shareholders of record as of September 16, 2021, for common stock, and September 15, 2021, for both Series D and E.