Synchrony Financial (SYF) Dividend History & Yield
Dividend ChallengerSynchrony Financial (SYF) has increased its dividend for 5 consecutive years and currently yields 1.67%. The most recent dividend was $0.3000/share on May 15, 2026, paid Quarterly.
Current Yield
1.67%
TTM Dividend/Share
$1.20
Payment Frequency
Quarterly
Payout Ratio
12.4%
Consecutive Growth Years
5 (Dividend Challenger)
Div Growth (1Y CAGR)
15.00%
Div Growth (5Y CAGR)
5.50%
Div Growth (10Y CAGR)
N/A
SYF: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
7.2%
FCF payout ratio
1.3%
Net debt / EBITDA
-0.8x
Interest coverage
1.13x
ROIC (TTM)
20.7%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 12.4%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($27.53) covers dividend/share ($1.20).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 5 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 1.3%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -0.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (5.5%) exceeds EPS growth (1.9%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 5, 2026
- Payment date
- May 15, 2026
- Dividend
- $0.3000
- Adj. dividend
- $0.3000
Ex-date Feb 6, 2026
- Payment date
- Feb 17, 2026
- Dividend
- $0.3000
- Adj. dividend
- $0.3000
Ex-date Nov 5, 2025
- Payment date
- Nov 17, 2025
- Dividend
- $0.3000
- Adj. dividend
- $0.3000
Ex-date Aug 5, 2025
- Payment date
- Aug 15, 2025
- Dividend
- $0.3000
- Adj. dividend
- $0.3000
Ex-date May 5, 2025
- Payment date
- May 15, 2025
- Dividend
- $0.3000
- Adj. dividend
- $0.3000
Ex-date Feb 3, 2025
- Payment date
- Feb 18, 2025
- Dividend
- $0.2500
- Adj. dividend
- $0.2500
Ex-date Nov 4, 2024
- Payment date
- Nov 15, 2024
- Dividend
- $0.2500
- Adj. dividend
- $0.2500
Ex-date Aug 5, 2024
- Payment date
- Aug 15, 2024
- Dividend
- $0.2500
- Adj. dividend
- $0.2500
Ex-date May 3, 2024
- Payment date
- May 15, 2024
- Dividend
- $0.2500
- Adj. dividend
- $0.2500
Ex-date Feb 2, 2024
- Payment date
- Feb 15, 2024
- Dividend
- $0.2500
- Adj. dividend
- $0.2500
Ex-date Oct 31, 2023
- Payment date
- Nov 9, 2023
- Dividend
- $0.2500
- Adj. dividend
- $0.2500
Ex-date Jul 28, 2023
- Payment date
- Aug 10, 2023
- Dividend
- $0.2500
- Adj. dividend
- $0.2500
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 5, 2026 | May 15, 2026 | $0.3000 | $0.3000 |
| Feb 6, 2026 | Feb 17, 2026 | $0.3000 | $0.3000 |
| Nov 5, 2025 | Nov 17, 2025 | $0.3000 | $0.3000 |
| Aug 5, 2025 | Aug 15, 2025 | $0.3000 | $0.3000 |
| May 5, 2025 | May 15, 2025 | $0.3000 | $0.3000 |
| Feb 3, 2025 | Feb 18, 2025 | $0.2500 | $0.2500 |
| Nov 4, 2024 | Nov 15, 2024 | $0.2500 | $0.2500 |
| Aug 5, 2024 | Aug 15, 2024 | $0.2500 | $0.2500 |
| May 3, 2024 | May 15, 2024 | $0.2500 | $0.2500 |
| Feb 2, 2024 | Feb 15, 2024 | $0.2500 | $0.2500 |
| Oct 31, 2023 | Nov 9, 2023 | $0.2500 | $0.2500 |
| Jul 28, 2023 | Aug 10, 2023 | $0.2500 | $0.2500 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Synchrony Financial has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 5 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.1500 | — | — |
| 2025 | $1.0000 | $1.1500 | +15.0% |
| 2024 | $0.9600 | $1.0000 | +4.2% |
| 2023 | $0.9000 | $0.9600 | +6.7% |
| 2022 | $0.8800 | $0.9000 | +2.3% |
| 2021 | $0.8800 | $0.8800 | 0.0% |
| 2020 | $0.8600 | $0.8800 | +2.3% |
| 2019 | $0.7200 | $0.8600 | +19.4% |
| 2018 | $0.5600 | $0.7200 | +28.6% |
| 2017 | — | $0.5600 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Synchrony Financial (SYF) from the consolidated cash flow statement, in USD as filed.
Latest period
$434.00M
YoY change
+7.3%
5Y CAGR
-3.9%
Peak year (2019)
$581.00M
Latest annual
$427.00M
Cash dividends paid over time for Synchrony Financial (SYF)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Synchrony Financial (SYF)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $427.00M | +7.3% | +$29.00M | ||
| 2024 | $398.00M | -2.0% | -$8.00M | ||
| 2023 | $406.00M | -6.5% | -$28.00M | ||
| 2022 | $434.00M | -13.2% | -$66.00M | ||
| 2021 | $500.00M | -3.8% | -$20.00M | ||
| 2020 | $520.00M | -10.5% | -$61.00M | ||
| 2019 | $581.00M | +8.8% | +$47.00M | ||
| 2018 | $534.00M | +19.7% | +$88.00M | ||
| 2017 | $446.00M | +108.4% | +$232.00M | ||
| 2016 | $214.00M | — | +$214.00M | ||
| 2015 | $0 | — | $0 | ||
| 2014 | $0 | — | $0 | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | — |
As of the 2025 fiscal year, Synchrony Financial (SYF) reported dividends paid of $427.00M – grew 7.3% year-over-year.
Across 2020–2025 (5 years), Synchrony Financial dividends paid produced a CAGR of -3.9% – with a net decline across the window.
Synchrony Financial dividends paid declined from $581.00M in 2019 to $427.00M in 2025, a 26.5% drawdown.
2019 marks the peak dividends paid at $581.00M, with the historical low of $0 recorded in 2011.
Synchrony Financial (SYF) sits 8th of 8 Financial Services peers we track on this metric, against a peer median of $5.36B.
Synchrony Financial Dividends Paid 2025: $427.00M
Synchrony Financial dividends paid in 2025 was $427.00M, grew 7.3% from 2024.
Synchrony Financial Dividends Paid 2024: $398.00M
Synchrony Financial dividends paid in 2024 was $398.00M, edged down 2.0% below 2023.
Synchrony Financial Dividends Paid 2023: $406.00M
Synchrony Financial dividends paid in 2023 was $406.00M, declined 6.5% below 2022.
Synchrony Financial Dividends Paid 2022: $434.00M
Synchrony Financial dividends paid in 2022 was $434.00M, declined 13.2% below 2021.
Synchrony Financial Dividends Paid 2021: $500.00M
Synchrony Financial dividends paid in 2021 was $500.00M.
See more financial history for Synchrony Financial (SYF).
Sector peers by dividends paid
Companies in the same sector as Synchrony Financial, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $16.63B | Financial Services |
| Bank of America (BAC) | $9.56B | Financial Services |
| Morgan Stanley (MS) | $6.59B | Financial Services |
| Wells Fargo (WFC) | $5.43B | Financial Services |
| Goldman Sachs (GS) | $5.28B | Financial Services |
| Visa (V) | $4.63B | Financial Services |
| Mastercard (MA) | $2.76B | Financial Services |
| Berkshire Hathaway (BRK-B) | $0 | Financial Services |
Frequently asked questions
Does Synchrony Financial pay dividends?
Yes, Synchrony Financial (SYF) pays quarterly dividends of approximately $1.20 per share annually, yielding 1.67%.
What is Synchrony Financial's dividend yield?
Synchrony Financial (SYF) has a current dividend yield of 1.67%.
Is Synchrony Financial's dividend safe?
Synchrony Financial (SYF) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Synchrony Financial increased its dividend?
Synchrony Financial (SYF) has 5 consecutive years of dividend increases.
What is Synchrony Financial's dividend payout ratio?
Synchrony Financial (SYF) has a dividend payout ratio of 12.4%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Synchrony Financial's dividends paid?
Latest reported dividends paid for Synchrony Financial (SYF) is $434.00M (period ending March 31, 2026).
How has Synchrony Financial dividends paid changed year-over-year?
Synchrony Financial (SYF) dividends paid changed +7.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Synchrony Financial dividends paid?
Synchrony Financial (SYF) dividends paid compound annual growth rate is -3.9% over the most recent 5 years available.
When did Synchrony Financial dividends paid hit its highest annual value?
Synchrony Financial dividends paid reached its highest annual value of $581.00M in 2019.
What was Synchrony Financial dividends paid in 2024?
Synchrony Financial (SYF) dividends paid in 2024 was $398.00M.
What was Synchrony Financial dividends paid in 2025?
Synchrony Financial (SYF) dividends paid in 2025 was $427.00M.
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