Sysco Declares Quarterly Dividend Payment

Rhea-AI Summary

Sysco Corporation (NYSE:SYY) has declared a quarterly cash dividend of $0.49 per share, scheduled for payment on Oct. 28, 2022. This distribution will benefit common stockholders recorded by the close of business on Oct. 7, 2022. In the fiscal year ending July 2, 2022, Sysco reported sales exceeding $68 billion, solidifying its position as a leader in food distribution across various sectors including restaurants and healthcare.

Positive

• Declared a quarterly cash dividend of $0.49 per share.
• Reported sales exceeding $68 billion in fiscal year 2022.
• Strong market presence with approximately 700,000 customer locations.

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• None.

HOUSTON, Aug. 25, 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 Oct. 28, 2022, to common stockholders of record at the close of business on Oct. 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 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 Investor Contact kevin.kim@sysco.com T 281-584-1219	Shannon Mutschler Media Contact shannon.mutschler@sysco.com T 281-584-4059

FAQ

What is the dividend amount declared by Sysco Corporation for 2022?

Sysco Corporation declared a quarterly cash dividend of $0.49 per share.

When will Sysco's dividend be paid?

The dividend will be paid on October 28, 2022.

What is the record date for Sysco's dividend?

The record date for Sysco's dividend is October 7, 2022.

How much sales did Sysco generate in the fiscal year 2022?

Sysco generated sales of more than $68 billion in the fiscal year 2022.

What sectors does Sysco distribute food products to?

Sysco distributes food products to restaurants, healthcare facilities, educational institutions, and lodging establishments.