Understanding Synovus Financial Corp.'s 5.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series E

Investors looking for unique opportunities in the financial market should pay close attention to Synovus Financial Corp.'s 5.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series E. This preferred stock offers a fixed rate of return, periodic resets, and perpetual maturity, making it an intriguing choice for those seeking stable income and long-term growth.

What is Synovus Financial Corp.?

Synovus Financial Corp. is a financial services company based in Georgia, USA. It provides a range of banking and financial products to both individual and corporate customers. Synovus has been a staple in the financial industry for over a century, and its diverse portfolio of services makes it a reliable and versatile choice for investors.

Understanding the 5.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series E

The 5.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series E is a unique investment opportunity with several key features:

• Fixed Rate of Return: Investors will receive a fixed annual dividend of 5.875% on their investment, which provides a stable source of income.
• Fixed-Rate Reset: The fixed rate will be periodically reset, which means investors can potentially benefit from higher dividends in the future if market conditions improve.
• Non-Cumulative: This means that if dividends are not paid during any given period, they will not accumulate to be paid later.
• Perpetual Maturity: The stock will never mature, ensuring that investors can enjoy the dividends indefinitely.

Advantages of Investing in Series E

Investing in Synovus Financial Corp.'s 5.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series E offers several advantages:

• Stable Income: The fixed annual dividend provides investors with a predictable source of income, which can be particularly appealing for those seeking a steady cash flow.
• Potential for Growth: With the periodic reset feature, investors may benefit from higher dividends in the future as the company's performance improves.
• Long-Term Growth: The perpetual maturity ensures that investors can enjoy the dividends indefinitely, potentially leading to significant long-term growth.

Case Study: Johnson & Johnson

To illustrate the potential of fixed-rate reset perpetual preferred stocks, consider Johnson & Johnson's 5.25% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series C. This stock offers a fixed annual dividend of 5.25% and has been reset several times since its issuance. As a result, investors have enjoyed steady income and the potential for higher dividends as the stock has appreciated in value.

Conclusion

Synovus Financial Corp.'s 5.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series E is an exciting investment opportunity that offers stable income, potential growth, and long-term security. Investors seeking a unique and profitable investment should consider adding this preferred stock to their portfolio.