Company also declares preferred stock
dividend
STAMFORD, Conn., Oct. 19,
2023 /PRNewswire/ -- Synchrony Financial (NYSE: SYF)
announced today that its Board of Directors declared a quarterly
cash dividend of $0.25 per share of
common stock, payable on November 9,
2023 to holders of record at the close of business on
November 1, 2023.
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 "Series A Preferred
Stock"). 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. The
dividend of approximately $14.06 per
share (equivalent to $0.351563 per
outstanding depositary share) is payable on November 15, 2023 to holders of record at the
close of business on November 1,
2023.
About Synchrony
Synchrony (NYSE: SYF) is a premier consumer financial services
company delivering one of the industry's most complete
digitally-enabled product suites. Our experience, expertise and
scale encompass a broad spectrum of industries including digital,
health and wellness, retail, telecommunications, home, auto,
outdoor, pet and more. We have an established and diverse group of
national and regional retailers, local merchants, manufacturers,
buying groups, industry associations and healthcare service
providers, which we refer to as our "partners." We connect
our partners and consumers through our dynamic financial ecosystem
and provide them with a diverse set of financing solutions and
innovative digital capabilities to address their specific needs and
deliver seamless, omnichannel experiences. We offer the right
financing products to the right customers in their channel of
choice. For more information, visit www.synchrony.com.
Contacts
Investor Relations:
Kathryn Miller
Synchrony
InvestorRelations@syf.com
(203) 585-6291
Media Relations:
Lisa Lanspery
Synchrony
lisa.lanspery@syf.com
203-585-6143
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SOURCE Synchrony