Le Lézard
Classified in: Business

Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share


STAMFORD, Conn., Jan. 25, 2022 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.22 per share of common stock, payable on February 17, 2022 to holders of record at the close of business on February 10, 2022.

The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock").  Each outstanding share of the Series A Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series A Preferred Stock.  The dividend of approximately $14.06 per share (equivalent to $0.351563 per outstanding depositary share) is payable on February 15, 2022 to holders of record at the close of business on February 10, 2022.

About Synchrony

Synchrony (NYSE: SYF) is a premier consumer financial services company. We deliver a wide range of specialized financing programs, as well as innovative consumer banking products, across key industries including digital, retail, home, auto, travel, health and pet. Synchrony enables our partners to grow sales and loyalty with consumers. We are one of the largest issuers of private label credit cards in the United States; we also offer co-branded products, installment loans and consumer financing products for small- and medium-sized businesses, as well as healthcare providers.

Synchrony is changing what's possible through our digital capabilities, deep industry expertise, actionable data insights, frictionless customer experience and customized financing solutions.

For more information, visit www.synchrony.com and Twitter: @Synchrony.

Contacts

Investor Relations:  
Kathryn Miller  
(203) 585-6291

Jennifer Church
(203) 585-6508  

[email protected]       

Media Relations:
Sue Bishop
(203) 585-2802
[email protected]

SOURCE Synchrony Financial


These press releases may also interest you

at 10:25
Hilco Streambank (www.HilcoStreambank.com) announced that it is seeking offers to acquire approximately 2,500 antique and replica period picture frames from the collection of leading frame restorer Eli Wilner....

at 10:17
DALBAR congratulates the top five firms boasting the most efficient and user-friendly plan administration portals during our 2022 group benefits employer website study....

at 10:16
Much of the world continues to face significant challenges as a result of large-scale displacement, including forced displacement. In particular, Mexico and countries in Central America are facing unprecedented migration challenges, as well as...

at 10:14
STN...

at 10:11
Global climate solutions provider 3Degrees is expanding its footprint to better serve increased demand from organizations responding to the need to take urgent action on climate change around the world. The company is increasing capacity in Europe, a...

at 10:10
House Buyers of America (House Buyers), the leading high-tech homebuying company that is reinventing the industry with its direct, no ?middle-man' approach that charges no commissions or fees, announces that it has hit new heights of growth. In...



News published on 25 january 2022 at 17:58 and distributed by: