Synovus Financial Increases Quarterly Dividend 2.6%

Dow Jones

2025/03/04

By Sabela Ojea

Synovus Financial raised its quarterly dividend 2.6% to 39 cents per share.

The bank holding company on Monday said that its board of directors approved increasing its quarterly payout to shareholders to 39 cents a share from 38 cents a share previously.

The new payout, equal to $1.56 annually, represents a yield of 3.1%, based on the company's latest closing price of $50.69.

The dividend will be paid on April 1 to shareholders of record as of March 15.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

March 03, 2025 17:46 ET (22:46 GMT)

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