Synovus Financial Stock To Go Ex-dividend Tomorrow (SNV)

NEW YORK ( TheStreet) -- The ex-dividend date for Synovus Financial (NYSE: SNV) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $1.99 as of 9:30 a.m. ET, the dividend yield is 2%.

The average volume for Synovus Financial has been 7.9 million shares per day over the past 30 days. Synovus Financial has a market cap of $1.36 billion and is part of the financial sector and banking industry. Shares are up 40.4% year to date as of the close of trading on Friday.

Synovus Financial Corp., a diversified financial services and bank holding company, provides commercial and retail banking, financial management, insurance, and mortgage services in Georgia, Alabama, South Carolina, Florida, and Tennessee.

TheStreet Ratings rates Synovus Financial as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Synovus Financial Ratings Report.

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