company-logo

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen foods, such as meats, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware, which include pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. As of August 27, 2021, it operated 343 distribution facilities. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas.

Sysco Dividend Announcement

Sysco announced a quarterly dividend of $0.51 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-04
Sysco annual dividend for 2024 was $2.02
Sysco annual dividend for 2023 was $1.98
Sysco's trailing twelve-month (TTM) dividend yield is 2.7%
Sysco's payout ratio for the trailing twelve months (TTM) is 51.82%
Sysco's dividend growth over the last five years (2018-2023) was 6.58% year
Sysco's dividend growth over the last ten years (2013-2023) was 3.45% year

Sysco Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-04$0.51quarterly2024-10-25
2024-07-05$0.51quarterly2024-07-26
2024-04-04$0.50quarterly2024-04-26
2024-01-04$0.50quarterly2024-01-26
2023-10-05$0.50quarterly2023-10-27
2023-07-06$0.50quarterly2023-07-28
2023-04-05$0.49quarterly2023-04-28
2023-01-05$0.49quarterly2023-01-27
2022-10-06$0.49quarterly2022-10-28
2022-06-30$0.49quarterly2022-07-22
2022-03-31$0.47quarterly2022-04-22
2022-01-06$0.47quarterly2022-01-28
2021-09-30$0.47quarterly2021-10-22
2021-07-01$0.47quarterly2021-07-23
2021-03-31$0.45quarterly2021-04-23
2021-01-07$0.45quarterly2021-01-29
2020-10-01$0.45quarterly2020-10-23
2020-07-01$0.45quarterly2020-07-24
2020-04-02$0.45quarterly2020-04-24
2020-01-02$0.45quarterly2020-01-24
2019-10-03$0.39quarterly2019-10-25
2019-07-03$0.39quarterly2019-07-26
2019-04-04$0.39quarterly2019-04-26
2019-01-03$0.39quarterly2019-01-25
2018-10-04$0.36quarterly2018-10-26
2018-07-05$0.36quarterly2018-07-27
2018-04-05$0.36quarterly2018-04-27
2018-01-04$0.36quarterly2018-01-26
2017-10-05$0.33quarterly2017-10-27
2017-07-05$0.33quarterly2017-07-28
2017-04-05$0.33quarterly2017-04-28
2017-01-04$0.33quarterly2017-01-27
2016-10-05$0.31quarterly2016-10-28
2016-06-29$0.31quarterly2016-07-22
2016-03-30$0.31quarterly2016-04-22
2016-01-06$0.31quarterly2016-01-22
2015-09-30$0.30quarterly2015-10-23
2015-06-30$0.30quarterly2015-07-24
2015-03-31$0.30quarterly2015-04-24
2014-12-30$0.30quarterly2015-01-23
2014-10-01$0.29quarterly2014-10-24
2014-07-01$0.29quarterly2014-07-25
2014-04-02$0.29quarterly2014-04-25
2013-12-31$0.29quarterly2014-01-24
2013-10-02$0.28quarterly2013-10-25
2013-07-02$0.28quarterly2013-07-26
2013-04-03$0.28quarterly2013-04-26
2013-01-02$0.28quarterly2013-01-25

Sysco Dividend per year

Sysco Dividend growth

Sysco Dividend Yield

Sysco current trailing twelve-month (TTM) dividend yield is 2.7%. Interested in purchasing Sysco stock? Use our calculator to estimate your expected dividend yield:

Sysco Financial Ratios

P/E ratio18.99
PEG ratio17.28
P/B ratio16.71
ROE90.60%
Payout ratio51.82%
Current ratio1.26
Quick ratio0.73
Cash Ratio0.08

Sysco Dividend FAQ

How much is the next Sysco dividend?
Sysco's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sysco dividend. The next Sysco dividend will be released in January, April, July, or October.
When is Sysco dividend paid?
Sysco pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sysco pay?
The specific amount of Sysco dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sysco's dividend history.
Does Sysco stock pay dividends?
Yes, Sysco does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sysco's dividend history.
How much dividend does Sysco pay?
Sysco paid $2.02 in 2024, $1.98 in 2023, $1.92 in 2022, $1.84 in 2021, and $1.8 in 2020.
How often does Sysco pay dividends?
Sysco typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Sysco's dividend yield?
The current dividend yield for Sysco is 2.7%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sysco's exact dividend yield.
When does Sysco go ex dividend?
Sysco's ex-dividend date for the latest dividend was on 2024-10-04. Sysco typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sysco dividend paid?
Sysco pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Sysco increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sysco will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sysco dividend per share?
Sysco paid $2.02 per share in 2024 and $1.98 per share in 2023. The amount of dividend per share that Sysco pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sysco a dividend aristocrat?
Yes, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sysco a dividend king?
Yes, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sysco a dividend stock?
Yes, Sysco is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sysco a good dividend stock?
Whether Sysco is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sysco has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sysco as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Sysco pay dividends monthly?
Sysco typically pays dividends on a quarterly basis.
Does Sysco pay dividends quarterly?
Sysco currently pays dividends on a quarterly basis.
Has Sysco ever paid a dividend?
Yes, Sysco has a history of paying dividends to its shareholders. Sysco is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sysco dividend stocks?
To buy Sysco you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Sysco stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Sysco pay dividends 2024?
Sysco pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sysco increase its dividend in 2024?
Decisions regarding Sysco dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sysco dividend overview you can look into the above table of dividend history.
How Sysco dividend works?
The Sysco dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sysco's dividend process works:

1. Determination of Dividend: Sysco's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Sysco publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Sysco distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Sysco are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Sysco dividends paid?
Sysco dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Sysco sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Sysco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Sysco declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Sysco pay dividends?
Sysco typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sysco pay dividends?
The general pattern is that Sysco pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sysco dividend safe?
The safety of Sysco's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Sysco's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Sysco's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.