Synchrony Financial Offers 2 Good Income Options

J. Michael Jones Synchrony Financial (NYSE:SYF), a bank that specializes in consumer loans, announced its fourth quarter earnings on Tuesday. Last May, I wrote about how Synchrony's long-term debt, which yielded above 9% at the time, was a good investment. In November, I examined Synchrony's preferred shares (SYF.PR.A) which also yielded nearly 9%. While each of these investments has rallied in price, the company's preferred shares are still trading at an 8% yield and the longest-dated debt is trading at a ...