Sysco Declares Quarterly Dividend Payment

Rhea-AI Summary

Sysco Corporation (NYSE:SYY) announced a quarterly cash dividend of $0.47 per share, to be paid on October 22, 2021, for stockholders of record by October 1, 2021. As a leading global distributor of food products, Sysco serves over 650,000 customer locations and reported sales exceeding $51 billion for fiscal 2021, which ended on July 3, 2021. This dividend reflects the company’s ongoing commitment to return value to its shareholders.

Positive

• Declared a quarterly cash dividend of $0.47 per share.
• Demonstrated commitment to returning value to shareholders.

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• None.

HOUSTON, Aug. 27, 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 October 22, 2021, to common stockholders of record at the close of business on October 1, 2021.

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:
Neil Russell Investor Contact Neil.Russell@sysco.com  T 281-584-1308	Shannon Mutschler Media Contact Shannon.Mutschler@sysco.com  T 281-584-4059

FAQ

What is Sysco's dividend amount and payment date for 2021?

Sysco's dividend amount is $0.47 per share, payable on October 22, 2021.

When is the record date for Sysco's dividend?

The record date for Sysco's dividend is October 1, 2021.

How often does Sysco pay dividends?

Sysco typically pays dividends quarterly.

Is the dividend sustainable for Sysco?

The sustainability of Sysco's dividend can often be assessed by its financial performance, including its $51 billion in sales for fiscal 2021.