Sysco Dividends and Buybacks
Dividend criteria checks 5/6
Sysco is a dividend paying company with a current yield of 2.61% that is well covered by earnings.
Key information
2.6%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | -3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SYY *'s dividends per share have been stable in the past 10 years.
Growing Dividend: SYY *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sysco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SYY *) | 2.6% |
| Market Bottom 25% (MX) | 2.7% |
| Market Top 25% (MX) | 7.2% |
| Industry Average (Consumer Retailing) | 3.4% |
| Analyst forecast (SYY *) (up to 3 years) | 3.0% |
Notable Dividend: SYY *'s dividend (2.61%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: SYY *'s dividend (2.61%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.5%), SYY *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86%), SYY *'s dividend payments are covered by cash flows.