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Stock impact report

Don't Buy Synovus Financial Corp. (NYSE:SNV) For Its Next Dividend Without Doing These Checks [Yahoo! Finance]

Synovus Financial Corp. (SNV) 
Last synovus financial corp. earnings: 4/24 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.synovus.com
Company Research Source: Yahoo! Finance
NYSE:SNV ) is about to trade ex-dividend in the next four days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. This means that investors who purchase Synovus Financial's shares on or after the 20th of June will not receive the dividend, which will be paid on the 1st of July. The company's next dividend payment will be US$0.38 per share, and in the last 12 months, the company paid a total of US$1.52 per share. Looking at the last 12 months of distributions, Synovus Financial has a trailing yield of approximately 4.2% on its current stock price of US$36.58. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! As a result, readers should alwa Show less Read more
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