- Synchrony Financial (NYSE:SYF) declares $0.25/share quarterly dividend, in line with previous.
- Forward yield 2.33%
- Payable May 15; for shareholders of record May 6; ex-div May 3.
- The Board approved an incremental share repurchase program of up to $1B, commencing this quarter through June 30, 2025.
- The company had approximately $300M remaining under its prior share repurchase program as of March 31, 2024; this increase will bring the total amount of share repurchase authorization to ~$1.3B through June 30, 2025.
- Stock down 3% on Wednesday, pre-market.
