Due to increase in earnings per share in the second quarter 2026, Td Synnex's 12 Months dividend pay out ratio sequentially decreased to 13.25% in the second quarter 2026, otherwise the ratio remained above the average, as SNX's cash flow remains strong.
Within Retail sector 53 other companies have achieved higher 12 Months dividend pay out ratio. While Cumulative dividend pay out ratio ranking remained unchanged in the Second Quarter 2026 compared to previous quarter at no. 25.
In a recent press release, TD SYNNEX (NYSE: SNX) has reported its financial results for the fiscal first quarter ending February 29, 2024. The company has also announced a new $2 billion share repurchase authorization, showcasing its commitment to maximize shareholder value. This development comes in line with TD SYNNEX's previous Strategic Secondary Offering and Share Repurchase in 2023. Furthermore, despite a slight decrease in stock value over the past three months, recent market trends indicate that SNX stock is gaining momentum.
TD SYNNEX solidifies profitability goals: TD SYNNEX, a leading provider of technology distribution, services, and integration solutions, revealed its consolidated financial highlights for the fiscal 2024 first quarter. The results highlighted a 7.6% year-on-year decrease in revenue, amounting to $13,975.3 million. However, gross profit remained steady at $1,005.8 million, indicating a minimal increase of 0.2% compared to the same quarter in the previous fiscal year.
TD SYNNEX, a multinational IT services and distribution company, has released its financial results for the fiscal fourth quarter and full year ended November 30, 2023. Despite a decrease in revenue and gross billings, the company remains optimistic about its future prospects. Additionally, this press release will be combined with the previous press release from October 11, 2023, highlighting TD SYNNEX's strategic secondary offering and share repurchase. In the fiscal fourth quarter of 2023, TD SYNNEX reported a revenue of $14,407.3 million, representing an 11.3% decrease from the same period in the previous year. Non-GAAP gross billings also experienced a decline, amounting to $19,744.4 million, a decrease of 5.6%. Gross profit for the quarter stood at $1,018.6 million, reflecting a 3.9% decrease compared to the fourth quarter of the previous fiscal year.
FREMONT, Calif. and CLEARWATER, Fla. - TD SYNNEX (NYSE: SNX), a leading provider of business process services, today announced its financial results for the fiscal third quarter ended August 31, 2023. Despite experiencing a decline in revenue compared to the previous year, TD SYNNEX maintains its position as a strong player in the retail sector. In the fiscal 2023 third quarter, TD SYNNEX reported a revenue of $13,960.6 million, showcasing a decrease of 9.1% compared to Q3 of the previous year. Additionally, the company's non-GAAP gross billings reached $18,583.6 million, indicating a decrease of 6.9% from the same period in the previous year. However, TD SYNNEX managed to achieve a growth in gross profit, reaching $971.3 million, a 6% increase compared to Q3 of the previous fiscal year.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
