3.06% Sep 30, 10:33 AM
$1.16 Paid Quarterly
62.0% EPS $1.87
43 years Since 1971
1 day Oct 01, 2014

SYY - Upcoming Dividend Payouts
Next Ex-Dividend Date Oct 01

Amount Declare Date Ex-Dividend Date ▲ Record Date Pay Date Payout Type
$0.2900 2014-08-22 2014-10-01 2014-10-03 2014-10-24 Regular
Date has passed
Next Ex-Dividend Date
Next Pay Date

SYY - Dividend Yield & Stock Price History
Current Dividend Yield 3.06%

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SYY - Dividend Payout History
Current Annual Payout $1.16

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Dividend payouts are split-adjusted

SYY - Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal Dividend Growth History for SYY. 23.4% 30.6% 43 years
Annual dividend amounts based on Ex-dividend date

SYY - Historical Annual Dividend Data & Growth
Payouts Increasing For 43 years

Payout Amount Calendar Year Annual Growth
$1.4100 2013 30.6%
$1.0800 2012 3.8%

SYY - Historical Dividend Data
Payouts Increasing For 43 years

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.2900 2014-08-22 2014-10-01 2014-10-03 2014-10-24 Yes Regular Quarter
$0.2900 2014-02-21 2014-04-02 2014-04-04 2014-04-25 Yes Regular Quarter
$0.2900 2013-11-15 2013-12-31 2014-01-03 2014-01-24 Yes Regular Quarter
$0.2800 2013-08-23 2013-10-02 2013-10-04 2013-10-25 Yes Regular Quarter
$0.2800 2013-05-17 2013-07-02 2013-07-05 2013-07-26 Yes Regular Quarter

Sysco Corp (SYY) - News

  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Before Monday's opening bell, food distributor SYSCO Corporation (SYY) posted lower fourth quarter earnings, but still matched analysts'...
  • Before the opening bell on Monday morning, Sysco Corp  (SYY) reported its third quarter earnings, posting higher revenues and lower operating...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Before the opening bell on Monday morning, Sysco Corp (SYY) reported its second quarter earnings, posting higher revenues and lower operating...
  • These were some of the biggest dividend stock performers on the upside and the downside in today's market action. Highlights Sysco Corp (SYY) ...
  • Shares of SYSCO Corporation (SYY) were up over 29% on Monday morning after the company announced that it has agreed to acquire US Foods. Sysco...
  • These were some of the biggest dividend stock performers on the upside and the downside in today's market action. Highlights Newmont Mining...
  • SYSCO Corporation Posts Higher Q3 Revenue; Beats Estimates (SYY)

    Sysco Corp (SYY) announced its quarterly earnings before the opening bell on Monday, posting higher revenues and flat operating income compared to 2012's comparable quarter. SYY Earnings in Brief -Sysco's revenues grew by 5.7% from last year's Q3 revenues, and came in at $11.7 billion; this figure beat analysts' estimates of $11.62 billion. -Not including one time charges, adjusted diluted EPS came in at 49 cents, which was flat with last year's Q3 EPS figure; analysts were expecting quarterly EPS of 48 cents. CEO Commentary Bill DeLaney, Sysco's president and CEO said the following about the quarterly results: "Our first quarter results were achieved in a market environment that remains very challenging for many of our customers, especially those who operate in the casual dining restaurant segment. While overall sales growth compared to the prior year was solid, gross profit growth was modest. Particularly encouraging, however, was our expense management performance which was largely driven by successfully executing our broad array of ongoing Business Transformation initiatives. Looking forward, strong execution of both our business plan and key strategic initiatives is paramount to our providing best in class service to our customers and achieving our financial objectives for fiscal 2014." Dividend Raise Coming Soon? There was no mention of declaring or raising its dividend in the quarterly report; however, Sysco has raised its quarterly dividend by 1 cent in January for the past several years. With its latest quarterly results coming in fairly strong, we suspect that Sysco will follow the pattern and raise its dividend again this coming January. Stock Performance SYY stock was up $1.16, or 3.56%, in pre-market trading. The company's stock is up just 2.07% this year.

    The Bottom Line

    Shares of Sysco Corp (SYY) have a yield of 3.44% based on Friday's closing price of $32.56 and the company's annualized payout of $1.12. Sysco Corp (SYY)  is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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