Analysis that preceded one of my latest investments.
Warning to whomever is reading this, this thesis is no longer valid as Synchrony intends to IPO an additional series of preferred shares. Probability of early recall is low now. Dividend yield is attractive still.
Warning to whomever is reading this, this thesis is no longer valid as Synchrony intends to IPO an additional series of preferred shares. Probability of early recall is low now. Dividend yield is attractive still.