Synchrony stock12/2/2023 These partnerships guarantee a stable income flow to support its operations and facilitate growth. Primary growth drivers for Synchrony are its contracts with Amazon (NASDAQ: AMZN), eBay (NASDAQ: EBAY), and PayPal (NASDAQ: PYPL). It has a 246.19% difference from its sector median of 9.03%, and its net income margin is 31.83%, which is higher than the sector median of 25.78% (as of writing). The forward EPS growth is currently at 31.26%, demonstrating a high probability of long-term growth. Synchrony financials have been stable and robust over the past years, with 2022 revenue at $12.5 billion, up 14.54% from 2022’s $11.67 billion. According to the International Monetary Fund World Economic Outlook in 2021, financial services comprise about 24% of the global economy, and the other 76% rely on financial services. The financial services market is currently valued at $25.51 trillion in 2022 and is expected to reach $58.69 trillion by 2031 at a 9.7% CAGR during the period. 18 analysts have a positive outlook for SYK stock, predicting a 12-month median to high forecast of $38.50 to $55.00 or a 19.3% to 70.4% upside. SYF stock is currently valued at $32.28, which is down -0.34% YTD. Monitor a company's financial performance and dividend payment history.Synchrony Financial (NYSE: SYF ) is a consumer financial services company that offers corporations and consumers credit products, loan services, and banking. Of dividend safety in the past may no longer be considered safe today. It is worth noting that Dividend safety can change over time, and a company that was considered to have a high level Synchrony Financial’s payout ratio is about 18.49% Dividend payment history: SYF has a history of paying dividends and has consistently increased its dividendĪ low payout ratio, typically less than 60%, indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business.Some specific indicators often used to assess Synchrony Financial ( SYF) dividend safety include A company with a high level of dividend safety is generally considered to have a strongįinancial position, with a consistent history of paying dividends and a low risk of default. This is a positive sign of the company's financial stability and its ability to payĭividend safety refers to the ability of a company to continue paying its dividends to shareholders without Synchrony Financial ( SYF) has increased its dividends for 2Ĭonsecutive years. Synchrony Financial ( SYF) pays dividends on a quarterly basis. Synchrony Financial’s ( SYF) ex-dividend date is July 28, 2023, which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. The total amount of dividends paid out to shareholders in a year. SYF’s annual dividend is $1.00 per share. A low payout ratio may indicate that the company has a strong financial positionĪnd can invest in growth opportunities, while a high payout ratio may indicate that the company is returning most Synchrony Financial’s payout ratio is 18.49% which means that 18.49% of the company'sĮarnings are paid out as dividends. $100 invested in the company's stock, investors would receive $3.14 in dividends per year. Synchrony Financial’s ( SYF) dividend yield is 3.14%, which means that for every
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