Sysco Declares Quarterly Dividend Payment

Rhea-AI Summary

Sysco Corporation (NYSE:SYY) announced a quarterly cash dividend of $0.47 per share, set to be paid on April 22, 2022, to stockholders recorded by April 1, 2022. Sysco is a leading distributor of food products and services, generating over $51 billion in sales during fiscal 2021 and operating 343 distribution facilities globally. The company serves more than 650,000 customer locations.

Positive

• Declared a quarterly cash dividend of $0.47 per share, indicating a commitment to returning value to shareholders.
• Generated over $51 billion in sales during fiscal 2021, demonstrating robust business operations.

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• None.

HOUSTON, Feb. 24, 2022 (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 April 22, 2022, to common stockholders of record at the close of business on April 1, 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 generated sales of more than $51 billion during fiscal 2021 that ended July 3, 2021. This included operating 343 distribution facilities worldwide that served over 650,000 customer locations. 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 the dividend amount declared by Sysco?

Sysco declared a quarterly cash dividend of $0.47 per share.

When will Sysco's dividend be paid?

The dividend will be paid on April 22, 2022.

What is the record date for Sysco's dividend?

The record date for the dividend is April 1, 2022.

How much did Sysco earn in fiscal 2021?

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