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Replies to #462 on Synovus (SNV)

FUNMAN

05/20/14 8:19 PM

#463 RE: blackcat #462

Synovus Announces Quarterly Stock Dividend

Hey blackcat ... on a golf course I usually never run into someone I don't like, but that's not always the case on i-hub.

I'm traveling to a concert tomorrow, staying in a hotel and going to dinner & breakfast with my bride before hopping a plane to return home. I'm spending more than half of my remaining SNV position just for the heck of it.

Sometimes what remains in an investment is so insignificant that I don't pay much attention to it anymore. I have several losers that turned into tax write-offs. It's no big deal. I'm proud of them. They were learning experiences. SNV was a money winner for me since I more than doubled down between $1.50 and $1.80. I also sold most of it at about $3.50 and multiplied the shares by 7 when I bought ROX at about 50¢. ROX may fall apart, but I think it's billionaire owner is protecting his own investment an I'm not going to get hurt.

If you read and comprehended parrot head's post, he doesn't own SNV. He did in the past. He may short it. He may have a very smart idea.

SNV has been a dog for so long that's it's not worth spending as much time on it as other more important things. i-hub is just a place for fun.

May 20, 2014, COLUMBUS, GA – Synovus Financial Corp. (NYSE – “SNV”), 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.

Synovus is a financial services company based in Columbus, Georgia with approximately $26 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services to customers through 28 locally branded divisions, 274 branches, and 358 ATMs in Georgia, Alabama, South Carolina, Florida, and Tennessee. See Synovus on the web at synovus.com.

parrot head

05/21/14 10:29 AM

#464 RE: blackcat #462

as stated earlier I played it from $1-$2.... an never touched it again, but have an interest in it for other reasons that I don't care to post. GL.