Sysco Declares Quarterly Dividend Payment

Rhea-AI Summary

Sysco Corporation (NYSE:SYY) declared a quarterly cash dividend of $0.47 per share, payable on January 28, 2022. The record date for common stockholders is set for January 7, 2022. Sysco is a leading global distributor of food products to various sectors, including restaurants and healthcare facilities. For the fiscal year ending July 3, 2021, Sysco reported over $51 billion in sales.

Positive

• Quarterly cash dividend of $0.47 per share enhances shareholder value.
• Sales exceeded $51 billion for fiscal 2021, indicating strong market position.

Negative

• None.

HOUSTON, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.47 per share, payable on January 28, 2022, to common stockholders of record at the close of business on January 7, 2022.

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 58,000 associates, the company operates 343 distribution facilities worldwide and serves more than 650,000 customer locations. For fiscal 2021 that ended July 3, 2021, the company generated sales of more than $51 billion. Information about our CSR program, including Sysco’s 2020 Corporate Social Responsibility Report, can be found at www.sysco.com/csr2020report.

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 Investor Contact kevin.kim@sysco.com T 281-584-1219	Shannon Mutschler Media Contact shannon.mutschler@sysco.com T 281-584-4059

FAQ

When is the dividend payment date for Sysco Corporation announced?

The dividend payment date is January 28, 2022.

What is the amount of the dividend declared by Sysco?

The declared dividend amount is $0.47 per share.

What is the record date for Sysco's dividend?

The record date for the dividend is January 7, 2022.

What were Sysco's sales figures for fiscal 2021?

Sysco generated over $51 billion in sales for fiscal 2021.