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Sysco (SYY) Dividend Yield, Date & History

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$77.31 -0.22 (-0.28%)
(As of 12/26/2024 05:23 PM ET)

Sysco Dividend Summary

Dividend Yield
2.64%
Annual Dividend
$2.04
Next
Dividend Payment
Jan. 24
Dividend Increase
Track Record
56 Years
Annualized 3-Year
Dividend Growth
3.23%
Dividend Payout Ratio
52.44%

Sysco (SYY) pays an annual dividend of $2.04 per share, with a dividend yield of 2.64%. The next quarterly payment of $0.51 per share is scheduled for Friday, January 24, to investors who own the stock before the ex-dividend date of Friday, January 3. SYY has grown its dividend for 56 consecutive years, with an average annual increase of 1.07%. The company currently pays out 52.44% of its earnings and 33.01% of its cash flow as dividends.

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SYY Dividend Payments by Quarter

The chart below displays up to four years of Sysco's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SYY Dividend Yield Over Time

The chart below tracks Sysco's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Sysco vs. The Competition

Compare Sysco's annual dividend, yield, and 3-year growth rate with averages for Staples and NYSE companies to evaluate its performance against the market.

TypeSyscoStaples CompaniesNYSE Companies
Annual Dividend$2.04$0.01$1.39
Dividend Yield2.64%2.84%3.65%
Annualized 3-Year Dividend Growth3.23%8.10%15.74%
Track Record56 years37 years25 years

Sysco Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings52.44%
Based on This Year's Estimate44.64%
Based on Next Year's Estimate41.30%
Based on Cashflow33.01%

Sysco Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/15/2024quarterly$0.51 - 2.7%1/3/20251/3/20251/24/2025
8/15/2024Quarterly$0.51 - 2.66%10/4/202410/4/202410/25/2024
4/25/2024Quarterly$0.51+$0.01
2.00%
2.65%7/5/20247/5/20247/26/2024
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2/21/2024Quarterly$0.50 - 2.49%4/4/20244/5/20244/26/2024
11/16/2023quarterly$0.50 - 2.83%1/4/20241/5/20241/26/2024
8/24/2023quarterly$0.50 - 2.86%10/5/202310/6/202310/27/2023
4/27/2023quarterly$0.50+$0.01
2.04%
2.66%7/6/20237/7/20237/28/2023
2/22/2023quarterly$0.49 - 2.53%4/5/20234/6/20234/28/2023

This table shows Sysco's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Sysco Dividend - Frequently Asked Questions

The current dividend yield for Sysco is 2.64%. Learn more on SYY's dividend yield history.

The annual dividend for SYY shares is $2.04. Learn more on SYY's annual dividend history.

Sysco pays quarterly dividends to shareholders.

Sysco's next quarterly dividend payment of $0.51 per share will be made to shareholders on Friday, January 24, 2025.

Sysco's most recent quarterly dividend payment of $0.51 per share was made to shareholders on Friday, October 25, 2024.

Sysco's next ex-dividend date is Friday, January 3, 2025.

Sysco's most recent ex-dividend date was Friday, October 4, 2024.

Over the past three years, the company's dividend has grown by an average of 3.23% per year.

Sysco has increased its dividend for the past 56 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Thursday, April 25, 2024.

The dividend payout ratio for SYY is:
  • 52.44% based on the trailing year of earnings
  • 44.64% based on this year's estimates
  • 41.30% based on next year's estimates
  • 33.01% based on cash flow

Sysco's dividend yield of 2.65% is lower than the average Consumer Staples company that issues a dividend. The company's 56 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Sysco's dividend payout ratio of 52.44% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Sysco stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:SYY) was last updated on 12/27/2024 by MarketBeat.com Staff
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