Synovus Financial (US:SNV) ZACKSยท2025-04-23 16:50Company Overview - Synovus Financial (SNV) is headquartered in Columbus and operates in the Finance sector [3] - The stock has experienced a price decline of 18.88% since the beginning of the year [3] Dividend Information - Synovus Financial currently pays a dividend of $0.39 per share, resulting in a dividend yield of 3.75% [3] - The average dividend yield for the Banks - Southeast industry is 2.5%, while the S&P 500's yield is 1.69% [3] - The company's annualized dividend of $1.56 has increased by 2.6% from the previous year [4] - Over the last 5 years, Synovus Financial has raised its dividend 3 times year-over-year, with an average annual increase of 4.37% [4] - The current payout ratio is 32%, indicating that 32% of its trailing 12-month EPS is distributed as dividends [4] Earnings Expectations - The Zacks Consensus Estimate for Synovus Financial's earnings in 2025 is $5.02 per share, reflecting an expected increase of 13.32% from the previous year [5] Investment Appeal - Synovus Financial is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]