Synovus Financial (US:SNV) ZACKSยท2025-09-11 16:46Company Overview - Synovus Financial (SNV) is headquartered in Columbus and has experienced a price change of 0.29% this year [3] - The company currently pays a dividend of $0.39 per share, resulting in a dividend yield of 3.04%, which is higher than the Banks - Southeast industry's yield of 2.23% and the S&P 500's yield of 1.51% [3] Dividend Performance - The current annualized dividend of Synovus Financial is $1.56, reflecting a 2.6% increase from the previous year [4] - Over the past 5 years, the company has increased its dividend 3 times year-over-year, with an average annual increase of 4.48% [4] - The current payout ratio is 30%, indicating that the company pays out 30% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, Synovus Financial anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 at $5.48 per share, representing a 23.70% increase from the previous year [5] - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [5] Investment Considerations - High-growth firms or tech start-ups typically do not provide dividends, while larger, established companies are often viewed as better dividend options [6] - Synovus Financial is considered a compelling investment opportunity due to its strong dividend profile and a Zacks Rank of 3 (Hold) [6]