Synchrony Financial (SYF) to Distribute Quarterly Dividend of $0.34 on August 17th

Posted by Stanley Muller on Aug 3rd, 2026

Synchrony Financial (NYSE:SYF – Get Free Report) announced a quarterly dividend on Tuesday, July 21st. Stockholders of record on Wednesday, August 5th will be given a dividend of 0.34 per share by the financial services provider on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Wednesday, August 5th. This is a 13.3% increase from Synchrony Financial’s previous quarterly dividend of $0.30.

Synchrony Financial has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Synchrony Financial has a dividend payout ratio of 15.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Synchrony Financial to earn $10.35 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 13.1%.

Synchrony Financial Stock Up 0.0%

Shares of NYSE SYF opened at $75.82 on Monday. The company has a 50 day simple moving average of $73.78 and a 200-day simple moving average of $72.61. The company has a market capitalization of $24.67 billion, a P/E ratio of 7.77, a P/E/G ratio of 0.71 and a beta of 1.32. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.22 and a quick ratio of 1.22. Synchrony Financial has a 1 year low of $63.08 and a 1 year high of $88.77.

Synchrony Financial (NYSE:SYF – Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.45. The firm had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.72 billion. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.During the same period in the prior year, the firm posted $2.50 earnings per share. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. On average, equities research analysts predict that Synchrony Financial will post 9.35 earnings per share for the current year.

Key Headlines Impacting Synchrony Financial

Here are the key news stories impacting Synchrony Financial this week:

Positive Sentiment: Long-term earnings outlook improved: Zacks Research raised its FY2028 EPS forecast to $11.57 from $10.89 and increased its FY2026 estimate slightly to $9.35 from $9.33. The FY2026 figure is in line with the broader consensus forecast. Zacks Research earnings estimates
Neutral Sentiment: Synchrony issued $1.1 billion of senior notes: The financing, launched under an underwriting agreement dated July 28, provides additional capital but also increases the company’s debt obligations and future interest expense. Synchrony Financial Issues $1.1 Billion Senior Notes
Neutral Sentiment: Truist maintained its Hold rating: The reaffirmation indicates no change in the analyst’s view, limiting the potential for a fresh positive catalyst. Truist Financial Reaffirms Hold Rating
Negative Sentiment: Several near-term EPS forecasts were cut: Zacks lowered its Q3 2026 estimate to $2.40 from $2.55, Q1 2027 to $2.32 from $2.42, Q3 2027 to $2.93 from $3.02, and Q1 2028 to $2.63 from $2.67. These reductions suggest some caution about Synchrony’s nearer-term earnings momentum, despite the stable $9.35 FY2026 consensus forecast.

Synchrony Financial Company Profile

(Get Free Report)

Synchrony Financial (NYSE: SYF) is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants’ checkout experiences.