Sysco's last quarterly dividend was on Oct 5, 2023 (ex-date) with a distribution of $0.5 per share. At an annualized rate of $1.98 per share, the stock yields 2.74%.
Sysco's dividend yield of 2.74% is higher than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 2.44%, Sysco's dividend yield is 12% higher. The historical 5-year average of SYY's dividend yield is 2.5%, which is less than the current one.
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 3.1% since one year ago. And with the stock price down by 17% from a year ago, the dividend yield marks an increase of 23%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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's payout ratio of 55.3% is above the Consumer Defensive sector and the industry average. If we compare it with its Consumer Defensive sector average of 49.4%, Sysco's payout ratio is 12% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SPTN SpartanNash Co | 3.79% | $0.86 | 68.4% |
| SYY Sysco Corp | 2.72% | $1.98 | 55.3% |
| DIT Amcon Distributing Co | 0.42% | $0.72 | 3.6% |
Yes, Sysco has been paying dividends for the last 29 years.
SYY's next dividend date is Jan 4, 2024 (ex-date).
Sysco's last regular dividend was on Oct 5, 2023 (ex-date) with the amount of $0.5 per share.
SYY's annualized dividend per share is $1.98.
Currently Sysco's dividend yield is 2.74%.
Sysco has a quarterly dividend frequency.
Sysco's dividend payout ratio is 55.3%.
Sysco's dividend yield is more than the Consumer Defensive sector average.