Boston, MA 01/07/2013 (wallstreetpr) – Shares of Synovus Financial Corp. (NYSE:SNV) had been traded in the price range of $2.86 and $2.92 per share on Friday. The share price of the company had gradually advanced by 0.69 percent more than the previous day. The share price of Synovus Financial Corp. (NYSE:SNV) had thereby readjusted the 52 week high to new value of $2.92 per share to reach the new peaks and 52 week low value is at $1.76 per share.
Synovus Financial Corp. (NYSE:SNV) is a bank holding company involved in providing financial services. The Company provides wide range of integrated financial services which include commercial and retail banking, insurance, financial management and mortgage services to its customers. The retail banking services provided by Synovus Financial Corp. (NYSE:SNV) include savings deposits, customary types of demand deposits and bank credit card services, such as Visa services and MasterCard.
Synovus Financial Corp. (NYSE:SNV), the Georgia-based financial services company, had announced the dividend payment to its shareholder at $0.01 per share as recently confirmed and declared by the Board of Directors. The dividend will be payable to shareholders on record as of June 20, 2013 and the dividend payment is due on July 1, 2013. The current dividend yield for this quarter had been measured to be at 1.48 percent and proves to provide reasonable dividend yield guidance for the full fiscal year. The shares of Synovus Financial Corp. (NYSE:SNV) had recorded total gains of 4.85 percent for the previous week.
Synovus Financial Corp. (NYSE:SNV) had recorded a trading volume of 7.20 million shares on Friday and the average volume is at 9.92 million shares per day. The market capitalization of the company is at $2.23 billion on Friday. The institutional ownership’s hold 70 percent of the total capital and there are about 793.33 million shares outstanding in the market.
