... And like the other Dividend Kings on this list, SYY is a dividend-raising machine. Sysco Corporation (NYSE:SYY) today announced that the board of directors has approved an 8 percent increase in the quarterly cash dividend to $0.39 per share from the current $0.36 per share. Growth wasn’t even, as most of it occurred in the past five years. SYY earned a Star for having an acceptable score in at least two of the four Key Metrics measured. During the past decade, SYSCO Corporation has managed to boost dividends at … Dividend calendar. Growth 6. HOUSTON, Nov. 16, 2016 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a six percent increase in the quarterly cash dividend … A lower payout ratio may indicate that the company has more room to increase its dividends. Any future dividend growth will … There are only 28 such companies in the US, and perhaps a couple more in the rest of the world. Sysco has a long history of steady dividends, and regular dividend increases. Also shown is the equivalent number of cents/day necessary to achieve each yield: SYY Basic Company Stats. What this means is that the company has seen its dividend yield continue to increase over the trailing twelve months, adding up to a 5-year dividend yield averaging 2.41%. The new dividend is payable on Jan. 25, 2019, to common stockholders of record at the close of business on Jan. 4, 2019. From west rocks website ATLANTA, Oct. 26, 2018 (GLOBE NEWSWIRE) — WestRock Company (NYSE: WRK) today reported that its Board of Directors declared a quarterly dividend of $0.455 per share on its common stock, an increase of $0.025 per share from its previous dividend rate and representing an annualized increase of $0.10 per share, or 5.8%. SYSCO (SYY): A Dependable Dividend Aristocrat For Retirement Income. Using my D4L-PreScreen.xls model, I determined the share price would need to increase to $31.77 before SYY's NPV MMA Differential decreased to the $500 minimum that I look for in a stock with 41 years of consecutive dividend increases. Average Dividend Increase since 1975: 16.96% Average Dividend Decrease since 2000: 11.20% Biggest Dividend Inc. was in 1992 for 56.25%. Sysco Dividend Increase: Fiscal Year 2020. Sysco has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. HOUSTON, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the board of directors has approved a 15 percent increase in the quarterly cash dividend … Sysco (NYSE:SYY) Dividend Payout Ratio Explanation. The food distributor is currently shelling out a dividend of $0.45 per share, with a dividend yield of 4.62%. SYY Five-year average DGR – 8.5%. A dividend king is a company that has managed to increase dividends to shareholders for at least 50 years in a row. At that price the stock would yield 3.7%. Sign in. Discover variety of stocklists. The previous trading day's last sale of SYY was $62.66, representing a -17.53% decrease from the 52 … SYY Dividend-Like Income Using Covered Calls. Sysco Dividend Increase: Fiscal Year 2021. above. It makes sense, right? Expected timing of Dividend Increase Announcement – Middle of the month Daily Dividend Report: NSA, BLK, RTN, ALL, SYY Dividend Channel Staff - Friday, May 26, 2:21 PM. As dividend investors, we respect the consistency. I would be shocked if the dividend increase is close to that in 2020. SYY Dividend Increase last year – 15.4%. In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. National Storage Affiliates Trust declared a quarterly dividend of $0.26 per common share payable on June 30, 2017 to shareholders of record on June 15, 2017. Last increase refers to declaration date, with payment to occur in January 2018. Sysco works to expand it’s business by increasing sales, attracting new clients, and acquiring competitors. Expected Dividend Increases in November 2018. Based in Houston, Sysco (SYY) is in the Consumer Staples sector, and so far this year, shares have seen a price change of -10.32%. The last dividend was in November 2019, when Sysco hiked quarterly dividends by 15.40% to 45 cents/share Between 2009 and 2019, Sysco has managed to boost earnings from $1.77share to $3.20/share. This compares to the Food - Miscellaneous industry's yield of 0.33% and the S&P 500's yield of 2.52%. Any future dividend growth will … The current TTM dividend payout for Sysco (SYY) as of December 31, 2020 is $1.80 . Dividend Analytical Data: In this section there are three possible Stars and three key metrics, see page 2 of the linked PDF for a detailed description: 1. The dividend payout ratio of Sysco is 89.55%. With SYY at 62.30, here's a table showing how big the annual "dividend" (ie. Headquartered in Houston, Sysco (SYY) is a Consumer Staples stock that has seen a price change of -54.43% so far this year. Years of Dividend Data for SYY: 45 Number of Years with Dividend Increases: 45 Number of Years with Dividend Decreases: 0 Number of Years with No Change in Dividend: 0. Sysco is currently implementing plans to increase productivity and reduce their cost structures. The company makes snacks, spices, extracts and … This year, there are several new entrants into this exclusive Dividend Kings, including food distributor Sysco Corporation (SYY). Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. With the past behind us, now it is time for the fun part! Year: Adj. Earnings are forecast to increase at an average annual rate of 8.1% for the next three to five years. The new dividend is payable on Jan. 25, 2019, to common stockholders of … Explore by sector & industry. Sysco has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 6.70%. > 15% SYY earned one Star in this section for 1.) AT&T’s quarterly dividend will increase from $0.50 to $0.51 per share. The annual dividend will increase from $2.00 to $2.04 per share. The company’s five-year average dividend growth rate was 9.2% entering the month and the company’s 2019 dividend increase was 8.8%. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. This represents an 8.33% increase over prior dividend payment. In fact, this was my first SYY dividend. Explore dividend stocks. Key Metrics 4. Dividend Growth Rate 5. “Our healthy cash flows and strong outlook for 2019 give us the confidence to raise our dividend for the 35 th consecutive year. Debt To Total Capital 3. This quantitatively ranks SYY as a 3-Star Hold stock. One of my newest Portfolio holdings, Sysco (SYY), delivered my smallest April dividend, which was $11.25. The dividend increase announced in November 2019 for the fiscal year 2020 was outstanding. Especially when the increase is close to double digits annually. Dividend ideas. Years of Div. Time to look ahead and see which companies are expected to announce a dividend increase … Historical dividend payout and yield for Sysco (SYY) since 1989. Browse dividend stocks. Management increased the Sysco dividend by 15.4%! With the yearly payout now at $1.80 per share, the stock yields just under … Sysco has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 6.70%. Meanwhile, McCormick (MKC) earlier this week declared a quarterly dividend of 57 cents a share, a 10% increase from 52 cents. Ticker Symbol: SYY; PE Ratio: 17.07 Sysco had a HUGE dividend increase last year. Its most recent increase was a 15.4% raise in November 2019. Sysco pays an annual dividend of $1.80 per share and currently has a dividend yield of 2.42%. The company has paid a cash dividend to shareholders every year since 1970 and has increased its dividend payments for 44 consecutive years. Above-average yields. The company began 2020 by delivering its 51st annual dividend increase. Free Cash Flow Payout 2. Sysco is a holding in our Conservative Retirees dividend portfolio.The company is a dividend aristocrat that has paid dividends since 1970 and appears to offer a very safe 3% yield today. Sysco has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 6.70%. In 2012, no single customer accounted for more than 10% of SYY’s sales. The increased dividend amounts from JPMorgan Chase and Co. (JPM), Air Lease (AL) and Comcast (CMCSA) were helped by … HOUSTON, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the board of directors has approved an 8 percent increase in the quarterly cash dividend to $0.39 per share from the current $0.36 per share. The company is a dividend king with a 50-year history of annual dividend increases. above. 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See complete stock analysis and upcoming dividend payout and yield for sysco ( NYSE: SYY dividend...

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