Sysco Declares Quarterly Dividend Payment

Rhea-AI Summary

On February 22, 2023, Sysco Corporation (NYSE:SYY) announced a regular quarterly cash dividend of $0.49 per share. This dividend is payable on April 28, 2023, with the record date set for April 6, 2023. As the global leader in food product distribution, Sysco serves approximately 700,000 customer locations and operates 333 distribution facilities worldwide. The company generated over $68 billion in sales for fiscal year 2022, reflecting its robust market presence and operational scale.

Positive

• Quarterly cash dividend of $0.49 per share, reflecting company stability and potential shareholder income.
• Strong sales performance with over $68 billion generated in fiscal year 2022.

Negative

• None.

HOUSTON, Feb. 22, 2023 (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 April 28, 2023, to common stockholders of record at the close of business on April 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 colleagues, 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 Sustainability program, including Sysco’s 2022 Sustainability Report and 2022 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 dividend amount for Sysco Corporation in April 2023?

The dividend amount is $0.49 per share.

When is the Sysco Corporation dividend payable?

The dividend is payable on April 28, 2023.

What is the record date for Sysco's dividend?

The record date is April 6, 2023.

How much did Sysco earn in sales for fiscal year 2022?

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