COLUMBUS, Ga. - Synovus (NYSE:SNV) Financial Corp. (NYSE:SNV), the Columbus-based financial services company, has declared quarterly dividends for its common stock and two series of preferred stock. Shareholders of the company's common stock are set to receive $0.38 per share on April 1, 2024, provided they are on record as of March 21, 2024.
Additionally, the company has announced dividends for its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, at $0.56801 per share. These dividends will be payable on March 21, 2024, to shareholders of record as of March 15, 2024.
The Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, will carry a dividend of $0.3671875 per share, also payable on April 1, 2024, to those on record by March 15, 2024.
Synovus Financial Corp. is a significant player in the financial services sector, boasting assets around $60 billion. The company offers a broad range of services, including commercial and consumer banking, private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, and international banking.
With branches across Georgia, Alabama, South Carolina, Florida, and Tennessee, Synovus has a substantial presence in the Southeastern United States.
This financial institution has been recognized as a Great Place to Work-Certified Company and maintains an active presence on social media platforms, including X, which encompasses the formerly known services of Twitter, Facebook (NASDAQ:META), LinkedIn, and Instagram.
The declaration of these dividends reflects Synovus's ongoing commitment to providing value to its shareholders. The information regarding the dividend payments is based on a press release statement from Synovus Financial Corp.
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