SYF - Dividend announcements

 Company also declares preferred stock dividends  STAMFORD, Conn., Oct. 23, 2025 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock, payable on November 17, 2025, to holders of record at the close of business on November 5, 2025. 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") and 8.250% Fixed Rate Reset Non-Cumulative Pe

Company also declares preferred stock dividends STAMFORD, Conn., Jan. 21, 2025 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on February 18, 2025 to holders of record at the close of business on February 3, 2025. 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") and 8.250% Fixed Rate Reset Non-Cumulative Perp

Company also declares preferred stock dividends STAMFORD, Conn., Oct. 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on November 15, 2024 to holders of record at the close of business on November 4, 2024. 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") and 8.250% Fixed Rate Reset Non-Cumulative Perpe

Company also declares preferred stock dividends STAMFORD, Conn., July 23, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on August 15, 2024 to holders of record at the close of business on August 5, 2024. 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") and 8.250% Fixed Rate Reset Non-Cumulative Perpetua

Company also declares preferred stock dividend STAMFORD, Conn., Jan. 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on February 15, 2024 to holders of record at the close of business on February 5, 2024. 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 Preferr

Company also declares preferred stock dividend STAMFORD, Conn., July 20, 2023 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on August 10, 2023 to holders of record at the close of business on July 31, 2023. 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 Sto

STAMFORD, Conn., April 25, 2023 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced that its Board of Directors has approved an incremental share repurchase program of up to $1.0 billion, commencing this quarter through June 30, 2024, and intends to increase the quarterly cash dividend from $0.23 to $0.25 per share of common stock, commencing in the third quarter of 2023.  The company had approximately $300 million remaining under its prior share repurchase program as of March 31, 2023, so this increase will bring the total amount of share repurchase authorization to approximately $1.3 billion through June 30, 2024.

Company also declares preferred stock dividend STAMFORD, Conn., April 20, 2023 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.23 per share of common stock, payable on May 12, 2023 to holders of record at the close of business on May 2, 2023. 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 i

Company also declares preferred stock dividend STAMFORD, Conn., Jan. 25, 2023 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.23 per share of common stock, payable on February 17, 2023 to holders of record at the close of business on February 6, 2023. 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

Company also declares preferred stock dividend STAMFORD, Conn., Oct. 20, 2022 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.23 per share of common stock, payable on November 10, 2022 to holders of record at the close of business on November 1, 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 Preferre

Company Announces Succession of Three Executives in Audit, Credit, and Diversified & Value and Lifestyle Platform STAMFORD, Conn., Oct. 11, 2022 /PRNewswire/ -- Synchrony (NYSE:SYF), a leading consumer finance company, today announced the promotion of three leaders to its executive leadership team, effective January 1, 2023. Max Axler will become EVP and Chief Credit Officer, Maran Nalluswami will become EVP and CEO Diversified & Value and Lifestyle and Dana Randell will become EVP and Chief Audit Executive.  They will report to Brian Doubles, President and Chief Executive Officer.

Company also declares preferred stock dividend STAMFORD, Conn., July 21, 2022 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.23 per share of common stock, payable on August 11, 2022 to holders of record at the close of business on August 1, 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 St

Company also declares preferred stock dividend STAMFORD, Conn., April 21, 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 May 12, 2022 to holders of record at the close of business on May 2, 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 i

STAMFORD, Conn., April 18, 2022 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors has approved an incremental share repurchase program of up to $2.8 billion, commencing this quarter through June 30, 2023, and intends to increase the quarterly cash dividend from $0.22 to $0.23 per share of common stock, commencing in the third quarter of 2022. The company had approximately $250 million remaining under its prior share repurchase program as of March 31, 2022, so this increase will bring the total amount of share repurchase authorization to approximately $3.1 billion through June 30, 2023.

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, e

STAMFORD, Conn., Oct. 21, 2021 /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 November 12, 2021 to holders of record at the close of business on November 1, 2021. 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, ea

STAMFORD, Conn., July 22, 2021 /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 August 12, 2021 to holders of record at the close of business on August 2, 2021. 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 r

STAMFORD, Conn., June 1, 2021 /PRNewswire/ -- Synchrony (NYSE:SYF), a premier consumer financial services company, today announced organizational changes aimed to further align the company's resources with its partners and evolving consumer expectations, while leveraging its innovation, data, expertise and scale to deliver products and capabilities to market faster. These changes will help Synchrony drive continued growth, execute its strategy more quickly.These changes will help Synchrony drive continued growth, execute its strategy more quickly and deliver the right capabili

STAMFORD, Conn., May 25, 2021 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) announced today that its Board of Directors has approved a share repurchase program of up to $2.9 billion, for the period which commenced April 1, 2021 through June 30, 2022, and intends to maintain the quarterly cash dividend of $0.22 per share of common stock. The share repurchase program supersedes the program previously announced on January 29, 2021, and does not include the impact of any capital which would be released if the Loan Receivables associated with the Gap program are sold at expiration of the existing program agreement.

STAMFORD, Conn., April 27, 2021 /PRNewswire/ -- Synchrony Financial (NYSE:SYF) today announced first quarter 2021 earnings results amid the continuing Coronavirus (COVID-19) pandemic. Synchrony reported first quarter 2021 net earnings of $1.0 billion, or $1.73 per diluted share. Key Highlights*: Loan receivables decreased 7% to $76.9 billion Interest and fees on loans decreased 14% to $3.7 billion Purchase volume increased 8% to $34.7 billion Average active accounts decreased 8% to 66.3 million Deposits decreased $1.9 billion, or 3%, to $62.7 billion Renewed 10 programs inclu

STAMFORD, Conn., April 22, 2021 /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 May 13, 2021 to holders of record at the close of business on May 3, 2021. 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 repres

STAMFORD, Conn., Jan. 29, 2021 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced fourth quarter 2020 earnings results amid the continuing Coronavirus (COVID-19) pandemic. Synchrony reported fourth quarter 2020 net earnings of $738 million, or $1.24 per diluted share. Key Highlights*. Loan receivables decreased 6% to $81.9 billion Interest and fees on loans decreased 11% to $4.0 billion Purchase volume decreased 1% to $39.9 billion Average active accounts decreased 10% to 66.3 million Deposits decreased $2.3 billion, or 4%, to $62.8 billion Renewed Payment Solutions programs with Mattress Firm and Kawasaki, and added a new program with Doosan Bobcat Added new CareCredi

STAMFORD, Conn., Jan. 26, 2021 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors has approved a share repurchase program of up to $1.6 billion, commencing this quarter through December 31, 2021. The company expects to repurchase shares from time to time subject to the company's repurchase program limit, its capital plan, market conditions and other factors, including regulatory restrictions and required approvals, if any.   The Board of Directors also declared a quarterly cash dividend of $0.22 per share of common stock, payable on February 16, 2021 to holders of record at the close of business on February 5, 2021. In addition, the Board of Direct

STAMFORD, Conn., Jan. 26, 2021 /PRNewswire/ -- Synchrony (NYSE: SYF) today announced it has reached a definitive agreement to acquire Allegro Credit, a leading provider of point-of-sale consumer financing for audiology products, dental services and musical instruments.  Synchrony today announced it has reached a definitive agreement to acquire Allegro Credit, a leading provider of point-of-sale consumer financing for audiology products, dental services and musical instruments. Synchrony today announced reached a definitive agreement to acquire Allegro Credit. Tweet this Allegro Credit's merchant network and customer base will largely join CareCredit, Synchrony's