Synchrony Financial Declares New Dividend and Launches $1.6 Billion Stock Buyback Program

Synchrony Financial (NYSE: SYF) is keeping its dividend level. The company announced after market hours on Tuesday that it will again pay a quarterly common-stock dividend of $0.22 per share, matching the last six disbursements. The upcoming dividend is to be handed out on Feb. 16 to investors of record as of Feb. 5.

At the current stock price, it would yield just under 2.6%.

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Source Fool.com