The $0.5156 payout matches prior quarters and offers a 7.96% forward yield for SYF.PR.B holders.
Synchrony Financial has declared a $0.5156 per share quarterly dividend for its Preferred Series B (SYF.PR.B), unchanged from previous distributions. The dividend yields 7.96% on an annualized forward basis.
The payout will be distributed on August 17 to shareholders of record as of August 5, with the ex-dividend date also set for August 5. The company’s prior quarterly dividends for the series have remained consistent at this level.
No immediate market reaction was disclosed following the announcement.