TD SYNNEX Corporation provides business process services in the United States and internationally. The company distributes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, consumer electronics, information technology (IT) systems including data center server and storage solutions, system components, software, networking, communications and security equipment, consumer electronics, and complementary products. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that comprise outsourced fulfillment, virtual distribution, and direct ship to end-users; cloud services; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements. In addition, the company offers marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves resellers, system integrators, and retailers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.
TD SYNNEX Dividend Announcement
• TD SYNNEX announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-11
• TD SYNNEX annual dividend for 2024 was $1.60
• TD SYNNEX annual dividend for 2023 was $1.40
• TD SYNNEX's trailing twelve-month (TTM) dividend yield is 1.3%
• TD SYNNEX's payout ratio for the trailing twelve months (TTM) is 19.88%
TD SYNNEX Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | $0.40 | quarterly | 2024-10-25 |
2024-07-12 | $0.40 | quarterly | 2024-07-26 |
2024-04-11 | $0.40 | quarterly | 2024-04-26 |
2024-01-18 | $0.40 | quarterly | 2024-01-26 |
2023-10-12 | $0.35 | quarterly | 2023-10-27 |
2023-07-13 | $0.35 | quarterly | 2023-07-28 |
2023-04-13 | $0.35 | quarterly | 2023-04-28 |
2023-01-19 | $0.35 | quarterly | 2023-01-27 |
2022-10-13 | $0.30 | quarterly | 2022-10-28 |
2022-07-14 | $0.30 | quarterly | 2022-07-29 |
2022-04-07 | $0.30 | quarterly | 2022-04-22 |
2022-01-20 | $0.30 | quarterly | 2022-01-28 |
2021-10-14 | $0.20 | quarterly | 2021-10-29 |
2021-07-15 | $0.20 | quarterly | 2021-07-30 |
2021-04-15 | $0.20 | quarterly | 2021-04-30 |
2021-01-21 | $0.20 | quarterly | 2021-01-29 |
2020-01-23 | $0.40 | quarterly | 2020-01-31 |
2019-10-10 | $0.38 | quarterly | 2019-10-25 |
2019-07-11 | $0.38 | quarterly | 2019-07-26 |
2019-04-11 | $0.38 | quarterly | 2019-04-26 |
2019-01-18 | $0.38 | quarterly | 2019-01-31 |
2018-10-11 | $0.35 | quarterly | 2018-10-26 |
2018-07-12 | $0.35 | quarterly | 2018-07-27 |
2018-04-12 | $0.35 | quarterly | 2018-04-27 |
2018-01-18 | $0.35 | quarterly | 2018-01-31 |
2017-10-12 | $0.30 | quarterly | 2017-10-27 |
2017-07-12 | $0.25 | quarterly | 2017-07-28 |
2017-04-11 | $0.25 | quarterly | 2017-04-28 |
2017-01-11 | $0.25 | quarterly | 2017-01-27 |
2016-10-12 | $0.25 | quarterly | 2016-10-28 |
2016-07-13 | $0.20 | quarterly | 2016-07-29 |
2016-04-13 | $0.20 | quarterly | 2016-04-29 |
2016-01-14 | $0.25 | quarterly | 2016-01-29 |
2015-10-14 | $0.20 | quarterly | 2015-10-30 |
2015-07-15 | $0.12 | quarterly | 2015-07-31 |
2015-04-15 | $0.12 | quarterly | 2015-05-01 |
2015-01-14 | $0.12 | quarterly | 2015-01-30 |
2014-10-15 | $0.12 | quarterly | 2014-10-31 |
TD SYNNEX Dividend per year
TD SYNNEX Dividend growth
TD SYNNEX Dividend Yield
TD SYNNEX current trailing twelve-month (TTM) dividend yield is 1.3%. Interested in purchasing TD SYNNEX stock? Use our calculator to estimate your expected dividend yield:
TD SYNNEX Financial Ratios
TD SYNNEX Dividend FAQ
Other factors to consider when evaluating TD SYNNEX 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.
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1. Determination of Dividend: TD SYNNEX'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, TD SYNNEX 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, TD SYNNEX 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 TD SYNNEX 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.
1. Record Date: TD SYNNEX 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, TD SYNNEX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TD SYNNEX 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.
To assess the safety of TD SYNNEX'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 TD SYNNEX'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.