SYF Dividend Yield 2026: Synchrony Financial

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Data last updated: Aug 31, 2026

Snapshot (as of Aug 31, 2026): Synchrony Financial (SYF) pays a $1.24 annual dividend ($0.34 quarterly), yielding 1.61% at $77.02/share. Next ex-dividend date 2026-08-05. 8+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.61%

Annual Dividend: $1.24 per share

Payout Ratio: 14.3%

Ex-Dividend Date: 2026-08-05

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 11

About Synchrony Financial Dividend

Synchrony Financial dividend investors are looking at a consumer credit specialist that issues private label, co-branded, and general-purpose credit cards across retail, healthcare, and specialty markets, including its well-known CareCredit brand. SYF currently pays a $1.24 per share annual dividend, with quarterly payments of $0.34 and an ex-dividend date of August 5, 2026. The current yield sits at 1.56%. With a beta of 1.311, this is a cyclically sensitive financial stock, making it a better fit for growth-and-income investors than pure income seekers.

Dividend Safety

Synchrony Financial pays out 14.3% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain and grow the dividend even if credit conditions tighten, which is a real consideration given SYF's exposure to consumer spending across retail, healthcare, and specialty financing. Synchrony Financial dividend safety is supported by that wide earnings cushion, but the company's credit-driven business model means a sharp rise in charge-offs or a consumer spending pullback could pressure earnings and, by extension, the dividend.

Synchrony Financial (SYF) Dividend Growth Rate, CAGR, and History

Synchrony Financial dividend history shows a CAGR of 9.4% per year from 2017 to 2025. The per-share annual dividend grew from $0.56 to $1.15 over that period (2026 is a partial year and excluded from the CAGR calculation, with Synchrony Financial dividend 2026 data incomplete at $0.94 paid so far). The largest annual increase in the window was 28.6% in 2018, while growth slowed to just 2.3% in 2020, reflecting the range of outcomes across the history.

Synchrony Financial Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+8.5%	$0.90 (2022)	$1.15 (2025)
5-Year	+5.5%	$0.88 (2020)	$1.15 (2025)

Is Synchrony Financial a Good Dividend Stock?

SYF stock fits growth-and-income investors who want dividend expansion rather than a high starting yield. The yield is low (below 2%) at 1.56%, and that is the central trade-off: eight consecutive years of increases and a 9.4% annual growth rate come at the cost of a modest income stream today. The current yield does sit above the 5-year average of 1.23%, which means buyers today are getting a slightly better entry point on yield than the historical norm. The 14.3% payout ratio means the dividend has room to keep growing, but SYF's credit-services business ties its earnings to consumer health, which adds volatility. Investors get dividend growth; they accept cyclical risk and a low current yield.

Recent Synchrony Financial Dividend Payments

Payment Date	Amount per Share
2026-08-05	$0.3400
2026-05-05	$0.3000
2026-02-06	$0.3000
2025-11-05	$0.3000
2025-08-05	$0.3000
2025-05-05	$0.3000
2025-02-03	$0.2500
2024-11-04	$0.2500
2024-08-05	$0.2500
2024-05-03	$0.2500

Synchrony Financial Annual Dividend History

Year	Total Dividends
2026	$0.9400
2025	$1.1500
2024	$1.0000
2023	$0.9600
2022	$0.9000

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Frequently Asked Questions

Does SYF pay dividends?

Yes, Synchrony Financial (SYF) pays a $0.34 quarterly dividend per share, yielding 1.61%.

How often does Synchrony Financial pay dividends?

Synchrony Financial pays dividends quarterly. The most recent payment was $0.34 per share, with an ex-dividend date of August 5, 2026.

What is Synchrony Financial's current dividend yield?

The current Synchrony Financial dividend yield is 1.56%. That is above the stock's 5-year average yield of 1.23%, making the current entry point slightly more favorable on yield than recent history.

Has Synchrony Financial ever cut its dividend?

No dividend cut appears in the available history window from 2017 to 2025. Annual per-share payments increased every year across that period, with the slowest growth occurring in 2020 at roughly 2.3%.

How fast has Synchrony Financial grown its dividend?

Synchrony Financial has grown its dividend at a compound annual growth rate (CAGR) of 9.4% per year from 2017 to 2025. The per-share annual dividend rose from $0.56 to $1.15 over that window.

Is Synchrony Financial dividend safe?

The 14.3% payout ratio is conservative (below 40%), which leaves substantial earnings cushion. The primary risk is that SYF's consumer credit business is sensitive to economic downturns, which could compress earnings and reduce that cushion.

What type of investor is Synchrony Financial best suited for?

SYF stock suits growth-and-income investors who prioritize dividend growth over current yield. The 9.4% annual growth rate and eight consecutive years of increases are the draw; the 1.56% yield is not competitive for pure income seekers.

Why is Synchrony Financial dividend yield low?

The yield is low because the payout ratio is only 14.3%, meaning SYF retains the large majority of its earnings rather than paying them out. That conservative payout structure keeps the yield modest while funding continued dividend growth.

Latest SYF News

• Synchrony Financial (NYSE: SYF) CEO adds dividend units, now holds 828,886 - Stock Titan — Stock Titan
• Synchrony (NYSE: SYF) director holds 51,824 dividend equivalent units - Stock Titan — Stock Titan
• Synchrony Financial (NYSE: SYF) director now holds 2,352 dividend units - Stock Titan — Stock Titan

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