SNX Synnex dividend history, payout ratio & dates
Synnex's most recent dividend was on Oct 11, 2024 (ex-date) with a cash dividend payment of $0.4 per share. On an annualized basis, the company has a current payout of $1.6 per share. This brings the dividend yield to 1.33% based on its recent close price.
Key dates
- SNX last dividend date: Oct 11, 2024
SNX dividend stats
vs. Technology sector
Dividend yield
SNX has a dividend yield of 1.33% which is lower than the Technology sector and the industry average. In comparison with the Technology sector average of 1.56%, Synnex's dividend yield is 15% lower. The current dividend yield is higher than the historical average of 1.1% of the last 5 years.
Dividend history
Synnex has been paying dividends since 2014. SNX has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 14% for the last year. But since the stock price has gone up by 32% from a year ago, the dividend yield has decreased by 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 11, 2024 | $0.4 | 1.35% |
| Jul 12, 2024 | $0.4 | 1.38% |
| Apr 11, 2024 | $0.4 | 1.31% |
| Jan 18, 2024 | $0.4 | 1.39% |
| Oct 12, 2023 | $0.35 | 1.48% |
| Jul 13, 2023 | $0.35 | 1.36% |
| Apr 13, 2023 | $0.35 | 1.39% |
| Jan 19, 2023 | $0.35 | 1.17% |
| Oct 13, 2022 | $0.3 | 1.41% |
| Jul 14, 2022 | $0.3 | 1.22% |
| Apr 7, 2022 | $0.3 | 1.01% |
| Jan 20, 2022 | $0.3 | 0.85% |
| Oct 14, 2021 | $0.2 | 0.75% |
| Jul 15, 2021 | $0.2 | 0.52% |
| Apr 15, 2021 | $0.2 | 0.33% |
| Jan 21, 2021 | $0.2 | 0.22% |
| Jan 23, 2020 | $0.4 | 1.05% |
| Oct 10, 2019 | $0.375 | 1.33% |
| Jul 11, 2019 | $0.375 | 1.57% |
| Apr 11, 2019 | $0.375 | 1.39% |
| Jan 18, 2019 | $0.375 | 1.56% |
| Oct 11, 2018 | $0.35 | 1.84% |
| Jul 12, 2018 | $0.35 | 1.34% |
| Apr 12, 2018 | $0.35 | 1.2% |
| Jan 18, 2018 | $0.35 | 0.86% |
| Oct 12, 2017 | $0.3 | 0.79% |
| Jul 12, 2017 | $0.25 | 0.84% |
| Apr 11, 2017 | $0.25 | 0.92% |
| Jan 11, 2017 | $0.25 | 0.7% |
| Oct 12, 2016 | $0.25 | 0.8% |
| Jul 13, 2016 | $0.2 | 0.81% |
| Apr 13, 2016 | $0.2 | 0.82% |
| Jan 14, 2016 | $0.2 | 0.81% |
| Oct 14, 2015 | $0.2 | 0.62% |
| Jul 15, 2015 | $0.125 | 0.69% |
| Apr 15, 2015 | $0.125 | 0.49% |
| Jan 14, 2015 | $0.125 | 0.32% |
Synnex dividend payout ratio
Payout ratio
SNX has a payout ratio of 20.6% which is lower than the Technology sector and the industry average. In comparison with the Technology sector average of 40.8%, Synnex's payout ratio is 50% lower.
Total amount of dividends paid per financial year (from cash flow)
SNX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| XRX Xerox Holdings Corp | 9.68% | $1 | N/A |
| IBM International Business Machines Corp | 2.87% | $6.66 | 72.2% |
| AVT Avnet Inc | 2.33% | $1.26 | 22.9% |
| SNX Synnex Corp | 1.32% | $1.6 | 20.6% |
Frequently asked questions
Does Synnex pay a dividend?
Yes, Synnex has paid four dividends in the last 12 months. SNX has been paying dividends since 2014.
When was SNX's last dividend?
Synnex's last regular dividend was on Oct 11, 2024 (ex-date) with the amount of $0.4 per share.
How much dividend does Synnex pay (per share)?
On an annual basis SNX pays $1.6 per share.
What is Synnex's dividend yield?
The current dividend yield of Synnex is 1.33%.
How often does Synnex pay dividends?
Synnex pays four dividends per year.
What is Synnex's dividend payout ratio?
The dividend payout ratio of Synnex is 20.6%.
Does Synnex pay a good dividend?
Synnex's dividend yield is lower than the Technology sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.