Sys (SYY) DIvidends Date & History

Key Takeaways

• SYY pays a quarterly dividend of $0.55 per share, recently increased from $0.54.
• The current dividend yield stands at approximately 2.8%, above the industry average of 1.4%.
• The payout ratio of roughly 57-60% indicates strong earnings and free cash flow coverage.
• SYY has a long history of annual dividend increases and maintains Dividend Aristocrat status.
• Positive free cash flow and a conservative balance sheet support ongoing dividend sustainability.
• The stock appeals to income and dividend growth investors seeking consistency in the food distribution sector.

Dividend Overview

Sysco Corporation (SYY) follows a quarterly dividend payment schedule. The company recently raised its quarterly dividend to $0.55 per share, payable on July 24, 2026, to shareholders of record as of July 2, 2026. This yields approximately 2.8% based on recent share prices. SYY is viewed as a dividend growth stock with a modest but reliable yield, supported by consistent annual increases rather than a high-yield strategy focused on immediate income.

Dividend History and Growth

SYY has maintained a stable dividend with no material reductions over the past decade. The dividend has grown at an average annual rate of about 6.2% over the last 10 years. The latest increase of $0.01 per quarter reinforces its status as a Dividend Aristocrat, reflecting disciplined capital allocation and a commitment to returning value to shareholders through steady, predictable growth.

Dividend Sustainability and Payout Ratio

The dividend appears well-supported, with an earnings payout ratio near 57-60% and a similar cash flow payout ratio around 60%. These levels leave ample room for reinvestment and future increases. Sysco generates resilient free cash flow, which covers dividend payments comfortably, while a strong balance sheet and positive operating cash flow provide additional buffers against economic fluctuations in the foodservice industry.

Dividend Compared to Industry Peers

Within the food distribution and consumer staples sector, SYY’s yield of roughly 2.8% exceeds the industry average of about 1.4%. Peers often feature lower yields with varying growth profiles, making SYY stand out for its combination of moderate yield and consistent dividend growth. This positions it favorably for investors comparing income opportunities across similar companies.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. AI Screener

Is This Stock Attractive for Dividend Investors?

SYY may suit income-oriented investors seeking reliable quarterly payouts and dividend growth investors focused on long-term compounding. Its conservative payout ratio and free cash flow coverage appeal to those prioritizing sustainability over high yields. Conservative and long-term investors in the consumer staples space may find the stock’s Dividend Aristocrat track record and sector stability attractive for portfolio income generation, though individual suitability depends on personal financial circumstances and risk tolerance.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations