Seeking Alpha

Investors get excited about Synovus Financial's (SNV) new $0.01/share quarterly dividend. Shares...

Investors get excited about Synovus Financial's (SNV) new $0.01/share quarterly dividend. Shares +7.9%.
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Comments (3)
  • FiaPoko
    , contributor
    Comments (65) | Send Message
     
    I know I get excited about 1.3% yields. Oh man, I'm so excited.
    11 Mar 2010, 10:02 AM Reply Like
  • Jake Huneycutt
    , contributor
    Comments (1416) | Send Message
     
    I'm long on SNV, so a share price jump is certainly welcome, but why would the market would be so excited about a 1-cent dividend? IMO, they might as well not pay one at all if it's that low. Just wait another year or two and pay a real dividend then.
    11 Mar 2010, 10:03 AM Reply Like
  • richbee
    , contributor
    Comments (3) | Send Message
     
    SNV went through a SHORT SQUEEZE yesterday! Most of the Regionals rallied on less bad news, and some good news.
    12 Mar 2010, 03:00 PM Reply Like
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