Synovus Announces Quarterly Stock Dividend

Press release from the issuing company

Wednesday, May 21st, 2014

Synovus Financial Corp., the Columbus, Georgia-based financial services company, today announced that its Board of Directors has declared a dividend of $0.07 per share on the company’s common stock. The dividend will be payable on July 1, 2014 to shareholders of record as of June 19, 2014. The increase in the dividend to $0.07 per share from the $0.01 per share dividend paid by Synovus in prior periods is the result of the one-for-seven reverse stock split implemented on May 16, 2014.