{"id":516902,"date":"2021-07-22T18:27:50","date_gmt":"2021-07-22T22:27:50","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/"},"modified":"2021-07-22T18:27:50","modified_gmt":"2021-07-22T22:27:50","slug":"synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/","title":{"rendered":"Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Company also declares preferred stock dividend<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">STAMFORD, Conn.<\/span>, <span class=\"xn-chron\">July 22, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of <span class=\"xn-money\">$0.22<\/span> per share of common stock, payable on <span class=\"xn-chron\">August 12, 2021<\/span> to holders of record at the close of business on <span class=\"xn-chron\">August 2, 2021<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/804087\/synchrony.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/804087\/synchrony.jpg\" title=\"Synchrony Logo (PRNewsfoto\/Synchrony)\" alt=\"Synchrony Logo (PRNewsfoto\/Synchrony)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>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 &#8220;Series A Preferred Stock&#8221;).\u00a0 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.\u00a0 The dividend of approximately <span class=\"xn-money\">$14.06<\/span> per share (equivalent to <span class=\"xn-money\">$0.351563<\/span> per outstanding depositary share) is payable on <span class=\"xn-chron\">August 16, 2021<\/span> to holders of record at the close of business on <span class=\"xn-chron\">August 2, 2021<\/span>.<\/p>\n<p>\n        <b>About Synchrony<\/b>\n      <\/p>\n<p>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 <span class=\"xn-location\">the United States<\/span>; we also offer co-branded products, installment loans and consumer financing products for small- and medium-sized businesses, as well as healthcare providers.<\/p>\n<p>Synchrony is changing what&#8217;s possible through our digital capabilities, deep industry expertise, actionable data insights, frictionless customer experience and customized financing solutions.<\/p>\n<p>For more information, visit <a href=\"http:\/\/www.synchrony.com\" rel=\"nofollow\">www.synchrony.com<\/a> and Twitter: @Synchrony.<\/p>\n<p>Contacts<\/p>\n<p>Investor Relations:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<p>Kathryn Miller\u00a0\u00a0\u00a0\u00a0<br \/>(203) 585-6291<\/p>\n<p>\n        <span class=\"xn-person\">Jennifer Church<\/span><br \/>\n        <br \/>(203) 585-6508\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<p>\n        <a target=\"_blank\" href=\"mailto:InvestorRelations@syf.com\" rel=\"nofollow noopener\">InvestorRelations@syf.com<\/a> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<p>Media Relations:<br \/><span class=\"xn-person\">Sue Bishop<\/span><br \/>(203) 585-2802<br \/><a target=\"_blank\" href=\"mailto:susan.bishopmangino@syf.com\" rel=\"nofollow noopener\">susan.bishopmangino@syf.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE47843&amp;sd=2021-07-22\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-301339930.html\">https:\/\/www.prnewswire.com\/news-releases\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-301339930.html<\/a><\/p>\n<p>SOURCE  Synchrony Financial<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE47843&amp;Transmission_Id=202107221824PR_NEWS_USPR_____NE47843&amp;DateId=20210722\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company also declares preferred stock dividend PR Newswire STAMFORD, Conn., July 22, 2021 \/PRNewswire\/ &#8212;\u00a0Synchrony 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 &#8220;Series A Preferred Stock&#8221;).\u00a0 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.\u00a0 The dividend of approximately $14.06 per share (equivalent &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-516902","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company also declares preferred stock dividend PR Newswire STAMFORD, Conn., July 22, 2021 \/PRNewswire\/ &#8212;\u00a0Synchrony 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 &#8220;Series A Preferred Stock&#8221;).\u00a0 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.\u00a0 The dividend of approximately $14.06 per share (equivalent &hellip; Continue reading &quot;Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-22T22:27:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/804087\/synchrony.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share\",\"datePublished\":\"2021-07-22T22:27:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\\\/\"},\"wordCount\":300,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/804087\\\/synchrony.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\\\/\",\"name\":\"Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share - 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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 &#8220;Series A Preferred Stock&#8221;).\u00a0 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.\u00a0 The dividend of approximately $14.06 per share (equivalent &hellip; Continue reading \"Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-22T22:27:50+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/804087\/synchrony.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share","datePublished":"2021-07-22T22:27:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/"},"wordCount":300,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/804087\/synchrony.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/synchrony-announces-quarterly-common-stock-dividend-of-0-22-per-share-2\/","name":"Synchrony Announces Quarterly Common Stock Dividend of $0.22 Per Share - 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