Sysco Dividend
Dividend criteria checks 5/6
Sysco is a dividend paying company with a current yield of 2.64% that is well covered by earnings.
Key information
2.6%
Dividend yield
48%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$4.18 |
| Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Earnings Tell The Story For Sysco Corporation (NYSE:SYY)
Apr 17
Is There An Opportunity With Sysco Corporation's (NYSE:SYY) 42% Undervaluation?
Apr 02Here's What's Concerning About Sysco's (NYSE:SYY) Returns On Capital
Mar 19Sysco Corporation: Robust Volume Growth
Mar 14Is Sysco Corporation (NYSE:SYY) Potentially Undervalued?
Feb 20We Think Sysco's (NYSE:SYY) Robust Earnings Are Conservative
Feb 07Sysco: Fiscal Q2 Results Point To Ongoing Margin Improvement
Jan 30Here's Why We Think Sysco (NYSE:SYY) Is Well Worth Watching
Jan 30Sysco Corporation's (NYSE:SYY) Share Price Could Signal Some Risk
Jan 16We Think Sysco (NYSE:SYY) Is Taking Some Risk With Its Debt
Dec 29Sysco Corporation (NYSE:SYY) Shares Could Be 48% Below Their Intrinsic Value Estimate
Dec 14Sysco: A 3%-Yielding Dividend King With Tremendous Total Return Potential
Nov 30Sysco: Buy Rating Driven By Earnings And Low Share Price
Nov 13Here's Why Sysco Corporation's (NYSE:SYY) CEO Is Unlikely to Expect A Pay Rise This Year
Nov 11Sysco (NYSE:SYY) Has More To Do To Multiply In Value Going Forward
Nov 03Is Now An Opportune Moment To Examine Sysco Corporation (NYSE:SYY)?
Oct 19Sysco: Evaluating The Risks Of Weight Loss Drugs And A Weakening Economy
Oct 10These Are The Reasons Why We Are Bullish On Sysco
Aug 05Returns on Capital Paint A Bright Future For Sysco (NYSE:SYY)
Jul 31Is There An Opportunity With Sysco Corporation's (NYSE:SYY) 41% Undervaluation?
Jul 17When Should You Buy Sysco Corporation (NYSE:SYY)?
Jul 04Sysco: Diversified Business Model And Growth Strategy
Jun 22Sysco (NYSE:SYY) Seems To Use Debt Quite Sensibly
Jun 20We Ran A Stock Scan For Earnings Growth And Sysco (NYSE:SYY) Passed With Ease
Jun 07Returns On Capital At Sysco (NYSE:SYY) Have Hit The Brakes
Apr 28Is Sysco Corporation (NYSE:SYY) Potentially Undervalued?
Mar 20Here's Why Sysco (NYSE:SYY) Can Manage Its Debt Responsibly
Mar 06Sysco Corporation (NYSE:SYY) Shares Could Be 33% Below Their Intrinsic Value Estimate
Feb 20Sysco Corporation: A Patient Long-Term Investor Will Likely Be Rewarded
Feb 16Sysco FQ2 2023 Earnings Preview
Jan 30Sysco (NYSE:SYY) Hasn't Managed To Accelerate Its Returns
Jan 24Sysco: A Great Business At A Fair Price
Jan 08At US$82.51, Is It Time To Put Sysco Corporation (NYSE:SYY) On Your Watch List?
Dec 14Does Sysco (NYSE:SYY) Have A Healthy Balance Sheet?
Nov 30Is There An Opportunity With Sysco Corporation's (NYSE:SYY) 40% Undervaluation?
Nov 17Tepper's Appaloosa closes stakes in Kohl's, Micron, Occidental, Netflix
Nov 14Sysco FQ1 2023 Earnings Preview
Oct 31Return Trends At Sysco (NYSE:SYY) Aren't Appealing
Oct 20Sysco Benefits From Inflation With Quick Inventory Turnover And Cost Pass-Through
Sep 30Sysco: More Attractive With Its Remaining $4.5B Share Buyback Program
Sep 13At US$80.78, Is It Time To Put Sysco Corporation (NYSE:SYY) On Your Watch List?
Sep 06Sysco Corporation declares $0.49 dividend
Aug 25Does Sysco (NYSE:SYY) Have A Healthy Balance Sheet?
Aug 22Sysco Q4 2022 Earnings Preview
Aug 08Sysco Is Thriving In This Tough Inflationary Environment
Jul 25Sysco (NYSE:SYY) Has Some Way To Go To Become A Multi-Bagger
Jun 18An Intrinsic Calculation For Sysco Corporation (NYSE:SYY) Suggests It's 48% Undervalued
May 31Sysco: Upside Is Still On The Table
May 27Is There Now An Opportunity In Sysco Corporation (NYSE:SYY)?
May 16Is Sysco (NYSE:SYY) Using Too Much Debt?
Apr 29Stability 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% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Consumer Retailing) | 1.4% |
| Analyst forecast in 3 Years (SYY) | 2.8% |
Notable Dividend: SYY's dividend (2.64%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: SYY's dividend (2.64%) is low compared to the top 25% of dividend payers in the US market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.4%), SYY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.7%), SYY's dividend payments are well covered by cash flows.