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SYY Sysco dividend history, payout ratio & dates

  1. Stocks
  2. Consumer Defensive
  3. NYSE: SYY
  4. Dividend

Sysco's last quarterly dividend was on Apr 4, 2024 (ex-date) with a distribution of $0.5 per share. At an annualized rate of $2 per share, the stock yields 2.59%.

Key dates

  • SYY last dividend date: Apr 4, 2024
  • SYY next dividend date: Not announced
Peer dividends: SPTN DIT
SYY dividend stats
DPS
$2
Dividend yield
2.6%
Payout ratio
48.5%
vs. Consumer Defensive sector
Dividend yield
2.3%
Payout ratio
42.3%

Dividend yield

What is Sysco current dividend yield

Sysco's dividend yield of 2.59% is higher than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 2.3%, Sysco's dividend yield is 13% higher. The historical 5-year average of SYY's dividend yield is 2.6%, which is in line with the current one.

Dividend history

What is SYY dividend payout history and dates

Sysco has been paying dividends since 1995. SYY has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 2% since one year ago. However with the stock price up by 2.3% from a year ago, the dividend yield marks a decrease of 0.2%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 4, 2024 Apr 26, 2024 Feb 21, 2024 $0.5 normal
Jan 4, 2024 Jan 26, 2024 Nov 16, 2023 $0.5 normal
Oct 5, 2023 Oct 27, 2023 Aug 24, 2023 $0.5 normal
Jul 6, 2023 Jul 28, 2023 Apr 27, 2023 $0.5 normal
Apr 5, 2023 Apr 28, 2023 Feb 22, 2023 $0.49 normal
Jan 5, 2023 Jan 27, 2023 Nov 17, 2022 $0.49 normal
Oct 6, 2022 Oct 28, 2022 Aug 25, 2022 $0.49 normal
Jun 30, 2022 Jul 22, 2022 Apr 28, 2022 $0.49 normal
Mar 31, 2022 Apr 22, 2022 Feb 24, 2022 $0.47 normal
Jan 6, 2022 Jan 28, 2022 Nov 18, 2021 $0.47 normal
Sep 30, 2021 Oct 22, 2021 Aug 27, 2021 $0.47 normal
Jul 1, 2021 Jul 23, 2021 May 20, 2021 $0.47 normal
Mar 31, 2021 Apr 23, 2021 Feb 25, 2021 $0.45 normal
Jan 7, 2021 Jan 29, 2021 Nov 19, 2020 $0.45 normal
Oct 1, 2020 Oct 23, 2020 Aug 21, 2020 $0.45 normal
Jul 1, 2020 Jul 24, 2020 May 22, 2020 $0.45 normal
Apr 2, 2020 Apr 24, 2020 Feb 27, 2020 $0.45 normal
Jan 2, 2020 Jan 24, 2020 Nov 14, 2019 $0.45 normal
Oct 3, 2019 Oct 25, 2019 Jul 26, 2019 $0.39 normal
Jul 3, 2019 Jul 26, 2019 May 23, 2019 $0.39 normal
Apr 4, 2019 Apr 26, 2019 Feb 21, 2019 $0.39 normal
Jan 3, 2019 Jan 25, 2019 Nov 15, 2018 $0.39 normal
Oct 4, 2018 Oct 26, 2018 Jul 27, 2018 $0.36 normal
Jul 5, 2018 Jul 27, 2018 May 24, 2018 $0.36 normal
Apr 5, 2018 Apr 27, 2018 Feb 23, 2018 $0.36 normal
Jan 4, 2018 Jan 26, 2018 Nov 17, 2017 $0.36 normal
Oct 5, 2017 Oct 27, 2017 Jul 28, 2017 $0.33 normal
Jul 5, 2017 Jul 28, 2017 May 25, 2017 $0.33 normal
Apr 5, 2017 Apr 28, 2017 Feb 24, 2017 $0.33 normal
Jan 4, 2017 Jan 27, 2017 Nov 16, 2016 $0.33 normal
Oct 5, 2016 Oct 28, 2016 Aug 26, 2016 $0.31 normal
Jun 29, 2016 Jul 22, 2016 May 20, 2016 $0.31 normal
Mar 30, 2016 Apr 22, 2016 Feb 19, 2016 $0.31 normal
Jan 6, 2016 Jan 22, 2016 Nov 18, 2015 $0.31 normal
Sep 30, 2015 Oct 23, 2015 Aug 21, 2015 $0.3 normal

Sysco dividend payout ratio

What is Sysco dividend payout ratio compared to the sector

Payout ratio

Sysco's payout ratio of 48.5% is above the Consumer Defensive sector and the industry average. If we compare it with its Consumer Defensive sector average of 42.3%, Sysco's payout ratio is 15% higher.

Total amount of dividends paid per financial year (from cash flow)

SYY dividend vs peer dividends

How does SYY dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SPTN SpartanNash Co 4.42% $0.86 56.4%
SYY Sysco Corp 2.6% $2 48.5%
DIT Amcon Distributing Co 0.46% $0.72 5%

Frequently asked questions

Does Sysco pay a dividend?

Yes, Sysco has been paying dividends for the last 29 years.

When is Sysco's next dividend?

SYY hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in July 2024.

When was SYY's last dividend?

Sysco's last regular dividend was on Apr 4, 2024 (ex-date) with the amount of $0.5 per share.

How much dividend does Sysco pay (per share)?

SYY's annualized dividend per share is $2.

What is Sysco's dividend yield?

Currently Sysco's dividend yield is 2.59%.

How often does Sysco pay dividends?

Sysco has a quarterly dividend frequency.

What is Sysco's dividend payout ratio?

Sysco's dividend payout ratio is 48.5%.

Does Sysco pay a good dividend?

Sysco's dividend yield is more than the Consumer Defensive sector average.