Sysco Declares Quarterly Dividend Payment

Rhea-AI Summary

Sysco Corporation (NYSE:SYY) declared a quarterly cash dividend of $0.49 per share, payable on January 27, 2023, to shareholders of record by the close of business on January 6, 2023. This decision reflects Sysco's commitment to returning value to its investors. In fiscal year 2022, Sysco generated over $68 billion in sales and serves approximately 700,000 customers worldwide, maintaining its position as a leader in food product distribution.

Positive

• Quarterly cash dividend of $0.49 per share announced.
• Reflects commitment to shareholder value.
• Generated over $68 billion in sales in fiscal year 2022.

Negative

• None.

HOUSTON, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.49 per share, payable on Jan. 27, 2023, to common stockholders of record at the close of business on Jan. 6, 2023.

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 71,000 associates, the company operates 333 distribution facilities worldwide and serves approximately 700,000 customer locations. For fiscal year 2022 that ended July 2, 2022, the company generated sales of more than $68 billion. Information about our CSR program, including Sysco’s 2021 Corporate Social Responsibility Report, can be found at www.sysco.com/csr2021report.

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 Sysco's dividend amount and payment date?

Sysco has declared a quarterly cash dividend of $0.49 per share, payable on January 27, 2023.

When is Sysco's record date for the dividend?

The record date for Sysco's dividend is January 6, 2023.

How often does Sysco pay dividends?

Sysco pays dividends quarterly.

What were Sysco's sales in fiscal year 2022?

Sysco generated over $68 billion in sales for fiscal year 2022.