STAMFORD, Conn., January 25, 2022 /PRNewswire/ — Synchrony Financial (NYSE: SYF) today announced that its Board of Directors has declared a quarterly cash dividend of $0.22 per common share, payable on February 17, 2022 to the holders of a file at the close of business on February 10, 2022.
The Board of Directors has also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Shares, Series A (the “Series A Preferred Shares”). Each outstanding Series A Preferred Share is represented by Depositary Shares, each representing a 1/40th interest in a Series A Preferred Share. The dividend of approximately $14.06 per share (equivalent to $0.351563 per outstanding depository share) is payable on February 15, 2022 to the holders of a file at the close of business on February 10, 2022.
Synchrony (NYSE: SYF) is a leading consumer financial services company. We offer a wide range of specialized financing programs, as well as innovative consumer banking products, in key sectors such as digital, retail, home, automotive, travel, health and pets of company. Synchrony enables our partners to increase sales and retain consumers. We are one of the largest private label credit card issuers in United States; we also offer co-branded products, installment loans and consumer finance products for small and medium-sized businesses, as well as healthcare providers.
Synchrony changes what is possible through our digital capabilities, deep industry expertise, actionable data insights, seamless customer experience, and customized financing solutions.
For more information, visit www.synchrony.com and Twitter: @Synchronie.
SOURCE Synchrony Financial