STAMFORD, Conn., Oct. 21, 2021 /PRNewswire/ -- Synchrony Financial
(NYSE: SYF) announced today that its Board of Directors declared a
quarterly cash dividend of $0.22 per
share of common stock, payable on November
12, 2021 to holders of record at the close of business on
November 1, 2021.
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, 2021 to holders of record at the
close of business on November 1,
2021.
About Synchrony
Synchrony (NYSE: SYF) is a premier consumer financial services
company. We deliver a wide range of specialized financing programs,
as well as innovative consumer banking products, across key
industries including digital, retail, home, auto, travel, health
and pet. Synchrony enables our partners to grow sales and loyalty
with consumers. We are one of the largest issuers of private label
credit cards in the United States;
we also offer co-branded products, installment loans and consumer
financing products for small- and medium-sized businesses, as well
as healthcare providers.
Synchrony is changing what's possible through our digital
capabilities, deep industry expertise, actionable data insights,
frictionless customer experience and customized financing
solutions.
For more information, visit www.synchrony.com and Twitter:
@Synchrony.
Contacts
Investor Relations:
Kathryn Miller
(203) 585-6291
InvestorRelations@syf.com
Jennifer Church
(203) 585-6508
Media Relations:
Sue Bishop
(203) 585-2802
susan.bishopmangino@syf.com
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SOURCE Synchrony Financial