Operations: Synovus Financial Corp. generates revenue through various segments, including Consumer Banking ($675.42 million), Community Banking ($478.07 million), Wholesale Banking ($838.31 million), and Financial Management Services (FMS) ($269.43 million).

Dividend Yield: 3.8%

Synovus Financial Corp. recently declared dividends across its preferred and common stocks, maintaining a consistent payout with a quarterly dividend of US$0.38 per share for common stockholders. Despite a decline in net interest income and net income in Q1 2024, the company's dividend payments remain supported by a reasonable payout ratio of 51.9%. However, its current yield of 3.77% is lower than the top quartile of U.S market dividend payers at 4.74%, suggesting room for improvement in attractiveness despite stable long-term growth forecasts for earnings and dividends.

• Click to explore a detailed breakdown of our findings in Synovus Financial's dividend report.

• Our expertly prepared valuation report Synovus Financial implies its share price may be lower than expected.

SunCoke Energy

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: SunCoke Energy, Inc., an independent producer of coke operating in the Americas and Brazil, has a market capitalization of approximately $860.09 million.

Operations: SunCoke Energy, Inc. generates revenue through three primary segments: Logistics, which brought in $95.30 million, Brazil Coke at $35.60 million, and Domestic Coke contributing the most significantly with $1.95 billion in earnings.

Dividend Yield: 3.9%

SunCoke Energy, despite a track record of increasing dividends over the past decade, faces challenges with a volatile dividend history and high debt levels. The company's recent financials show modest growth, with Q1 2024 sales slightly up to US$488.4 million and net income rising to US$20 million. Dividends are well-covered by earnings and cash flows, with payout ratios of 52.7% and 26.5%, respectively. However, its dividend yield at 3.96% trails behind the top quartile of U.S market payers at 4.71%.

• Navigate through the intricacies of SunCoke Energy with our comprehensive dividend report here.

• Upon reviewing our latest valuation report, SunCoke Energy's share price might be too optimistic.

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NasdaqCM:FCAP NYSE:SNV and NYSE:SXC.

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