Synovus Announces Quarterly Cash Dividend Increase.Business Editors
COLUMBUS, Ga.--(BUSINESS WIRE)--Feb. 26, 2004
Synovus (NYSE NYSE
See: New York Stock Exchange : SNV SNV Synovus Financial Corp. (stock symbol)
SNV Schweizerische Normenvereinigung (Swiss standards body)
SNV Stichting Nederlandse Vrijwilligers (Netherlands Development Organization) ) today announced a 5% increase in its quarterly cash dividend, from $0.1650 to $0.1733 per share. The cash dividend is payable on April 1, 2004, to Synovus shareholders of record as of March 19, 2004.
"We have solid strategies in place for growing in our existing and new high growth markets, for broadening our customer relationships and for providing growth opportunities for our team members," said James H. Blanchard, Synovus CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "These strategies will continue to make Synovus a great place to do business and to work, thus creating increased value to our shareholders."
Synovus (NYSE: SNV) is a diversified financial services holding company with more than $21 billion in assets based in Columbus, Ga. Synovus provides integrated financial services including banking, financial management, insurance, mortgage and leasing services through 41 affiliate banks and other Synovus offices in Georgia, Alabama, South Carolina, Florida and Tennessee; and electronic payment processing through an 81-percent stake in TSYS TSYS Total System Services, Inc. (NYSE: TSS See ITU. ), the world's largest third-party processor of international payments. Synovus is No. 20 on FORTUNE magazine's list of "The 100 Best Companies To Work For" in 2004. See Synovus on the Web at www.synovus.com.