Due to increase in earnings per share in the fourth quarter 2026, Sysco's 12 Months dividend pay out ratio sequentially decreased to 59.23% in the fourth quarter 2026, unsurprisingly, as the Sysco earnings continue to rise, and the pay out ratio remains below SYY's average, the question arises, if Sysco will increase the dividend soon.
Within Retail sector 14 other companies have achieved higher 12 Months dividend pay out ratio. While in terms of ranking among all other companies, the company has moved form 176 in the third quarter 2026, to 460.
Sysco Corporation Declares Quarterly Dividend, Balances Community Support with Robust Financial PerformanceSysco Corporation (NYSE:SYY), a global leader in selling, marketing, and distributing food products to restaurants, healthcare, and educational facilities, has once again demonstrated its commitment to shareholders by declaring a regular quarterly cash dividend. On November 15, 2024, the Houston-based corporation announced its Board of Directors has approved a dividend of $0.51 per share. This dividend is scheduled for payment on January 24, 2025, to common stockholders of record at the close of business on January 3, 2025. This announcement underscores Sysco's dedication to delivering shareholder value while maintaining a balanced approach to financial strategy.This dividend declaration follows Sysco's recent emphasis on striking a careful balance between community support initiatives and maintaining a strong financial footing, as highlighted in their November 13, 2024, statement. The corporation has managed to uphold a solid profitability record while also steering investment and resources towards community support, reflective of its broader corporate social responsibility strategy.
Sysco Corporation Declares Quarterly Dividend Amid Strong Financial Position HOUSTON, Aug. 15, 2024 ?? Sysco Corporation (NYSE: SYY) has announced a regular quarterly cash dividend of $0.51 per share, reflecting the company's commitment to returning value to its shareholders. The dividend will be payable on October 25, 2024, to all common stockholders recorded at the close of business on October 4, 2024. This latest declaration comes at a time when Sysco continues to navigate the complexities of the retail food distribution industry. In the third quarter of 2024, the foodservice giant reported a notable increase in its 12-month dividend payout ratio, which rose sequentially to 48.54%. While this increase signals Sysco's ability to generate cash flow and reward shareholders, it remains important to note that this ratio is still below the industry average.
Sysco Corporation Demonstrates Financial Strength with Quarterly Dividend Increase In a recent press release, Sysco Corporation (NYSE:SYY) announced a $0.01 increase in their quarterly cash dividend, raising it to $0.51 per share. This decision by the Board of Directors reflects the company's strong financial standing and commitment to shareholder value. The new dividend will be payable for the first time on July 26, 2024, to common stockholders of record at the close of business on July 5, 2024. This increase demonstrates Sysco's confidence in its ability to generate steady cash flow and reward shareholders with attractive returns.
Sysco Declares Quarterly Dividend Payment: A Step in the Right Direction HOUSTON, Feb. 21, 2024 - Sysco Corporation (NYSE:SYY) has made a strategic move by announcing a regular quarterly cash dividend of $0.50 per share. The dividend is set to be payable on April 26, 2024, to common stockholders of record as of April 5, 2024. This decision reflects the company's commitment to shareholder value and its confidence in its financial stability. As of the second quarter of 2024, Sysco Corporation's 12-month dividend payout ratio has seen an increase to 48.29, positioning the company above the average range. However, when compared to its peers in the Retail sector, there are still 7 companies with a higher dividend payout ratio. Despite this, Sysco Corporation has shown consistent improvement and now ranks higher than 361 among all other companies.
Sysco Declares Quarterly Dividend of $0.50 per Share for Shareholders Houston, Nov. 16, 2023 - Sysco Corporation (NYSE:SYY), the global leader in selling, marketing, and distributing food and non-food products, has recently announced its quarterly cash dividend of $0.50 per share. The dividend is payable on January 26, 2024, to common stockholders who are recorded on January 5, 2024, at the close of business. This news has sparked interest amongst investors as Sysco continues to showcase its commitment to shareholder value and financial stability. Sysco Corporation has a remarkable track record of consistently returning value to its shareholders through regular dividend payments. With this announcement, the company has demonstrated its continued commitment to rewarding its shareholders. The declared dividend of $0.50 per share indicates a steady increase from the previous dividend of $0.45 per share, further validating Sysco's positive outlook and financial strength.
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.
