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Sysco (NYSE:SYY) has declared an increase in the quarterly cash dividend from $0.50 to $0.51 per share. The new dividend will be payable on July 26, 2024, to common stockholders of record as of July 5, 2024. This decision reflects Sysco's commitment to shareholder returns and its status as a Dividend Aristocrat.
Sysco (NYSE:SYY) ha annunciato un aumento del dividendo trimestrale in contanti, da $0,50 a $0,51 per azione. Il nuovo dividendo sarà pagabile il 26 luglio 2024, agli azionisti registrati al 5 luglio 2024. Questa decisione riflette l'impegno di Sysco nel rendimento degli azionisti e il suo status di Aristocratico dei Dividendi.
Sysco (NYSE:SYY) ha declarado un aumento en el dividendo en efectivo trimestral de $0.50 a $0.51 por acción. El nuevo dividendo se pagará el 26 de julio de 2024, a los accionistas ordinarios inscritos a fecha de 5 de julio de 2024. Esta decisión refleja el compromiso de Sysco con la rentabilidad de los accionistas y su estatus de Aristócrata del Dividendo.
Sysco (NYSE:SYY)가 분기별 현금 배당을 주당 $0.50에서 $0.51로 인상한다고 발표했습니다. 새로운 배당금은 2024년 7월 26일에 주주들에게 지급될 예정이며, 주주명부에는 2024년 7월 5일에 등록되어야 합니다. 이번 결정은 Sysco의 주주 수익에 대한 헌신과 배당 귀족의 지위를 반영합니다.
Sysco (NYSE:SYY) a annoncé une augmentation du dividende trimestriel en espèces de 0,50 $ à 0,51 $ par action. Le nouveau dividende sera payable le 26 juillet 2024, aux actionnaires inscrits le 5 juillet 2024. Cette décision reflète l'engagement de Sysco envers le retour sur investissement des actionnaires et son statut d'Aristocrate du Dividende.
Sysco (NYSE:SYY) hat eine Erhöhung der vierteljährlichen Bardividende von $0,50 auf $0,51 pro Aktie bekannt gegeben. Die neue Dividende wird am 26. Juli 2024 an die am 5. Juli 2024 als Inhaber eingetragenen Aktionäre auszahlbar sein. Diese Entscheidung spiegelt Syscos Engagement für die Aktionärsrendite und seinen Status als Dividendenaristokrat wider.
Positive
Sysco raises its quarterly cash dividend by $0.01 per share, from $0.50 to $0.51.
The new dividend will be paid on July 26, 2024, to common stockholders of record on July 5, 2024.
Sysco aims to reward shareholders with a planned annual dividend increase of $0.04 for fiscal year 2025.
Negative
None.
HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a $0.01 increase in the quarterly cash dividend to $0.51 per share from the current $0.50 per share. The new dividend is payable for the first time on July 26, 2024, to common stockholders of record at the close of business on July 5, 2024.
“The Board’s decision today to increase the dividend underscores Sysco's commitment to shareholder returns and maintaining our status as a Dividend Aristocrat. Our decision today further rewards our shareholders with a planned annual dividend increase of $0.04 for fiscal year 2025,” said Kenny Cheung, Sysco’s executive vice president and chief financial officer.
About Sysco
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 72,000 colleagues, the company operates 334 distribution facilities worldwide and serves approximately 725,000 customer locations. For fiscal year 2023 that ended July 1, 2023, the company generated sales of more than $76 billion. Information about our Sustainability program, including Sysco’s 2023 Sustainability Report and 2023 Diversity, Equity & Inclusion Report, can be found at www.sysco.com.
For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoFoods. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.
For more information contact:
Kevin Kim
Shannon Mutschler
Investor Contact
Media Contact
kevin.kim@sysco.com
shannon.mutschler@sysco.com
T 281-584-1219
T 281-584-4059
FAQ
What is the new quarterly cash dividend per share declared by Sysco (NYSE:SYY)?
Sysco has increased the quarterly cash dividend from $0.50 to $0.51 per share.
When will the new dividend be payable to common stockholders of Sysco (NYSE:SYY)?
The new dividend will be payable for the first time on July 26, 2024, to common stockholders of record as of July 5, 2024.
Who announced the increase in the quarterly cash dividend at Sysco (NYSE:SYY)?
Kenny Cheung, Sysco's executive vice president and chief financial officer, announced the increase in the quarterly cash dividend.
What does the increase in dividend reflect about Sysco (NYSE:SYY)?
The increase in dividend reflects Sysco's commitment to shareholder returns and its status as a Dividend Aristocrat.
