07

Jan
2021

syy dividend increase

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“Our healthy cash flows and strong outlook for 2019 give us the confidence to raise our dividend for the 35 th consecutive year. The dividend increase announced in November 2019 for the fiscal year 2020 was outstanding. This compares to the Food - Miscellaneous industry's yield of 0.33% and the S&P 500's yield of 2.52%. Free Cash Flow Payout 2. 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. SYY Dividend-Like Income Using Covered Calls. 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 … Headquartered in Houston, Sysco (SYY) is a Consumer Staples stock that has seen a price change of -54.43% so far this year. Any future dividend growth will … In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. The new dividend is payable on Jan. 25, 2019, to common stockholders of record at the close of business on Jan. 4, 2019. Explore by sector & industry. The dividend payout ratio of Sysco is 89.55%. This quantitatively ranks SYY as a 3-Star Hold stock. Sysco Corporation (NYSE:SYY… Browse dividend stocks. > 15% SYY earned one Star in this section for 1.) ... And like the other Dividend Kings on this list, SYY is a dividend-raising machine. AT&T’s quarterly dividend will increase from $0.50 to $0.51 per share. 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%. Historical dividend payout and yield for Sysco (SYY) since 1989. Sysco pays an annual dividend of $1.80 per share and currently has a dividend yield of 2.42%. Last increase refers to declaration date, with payment to occur in January 2018. See complete stock analysis and upcoming dividend payout for SYY. I would be shocked if the dividend increase is close to that in 2020. Years of Div. 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. The current dividend yield for … One of my newest Portfolio holdings, Sysco (SYY), delivered my smallest April dividend, which was $11.25. Growth wasn’t even, as most of it occurred in the past five years. In 2012, no single customer accounted for more than 10% of SYY’s sales. Sysco had a HUGE dividend increase last year. SYY Dividend Increase last year – 15.4%. The previous trading day's last sale of SYY was $62.66, representing a -17.53% decrease from the 52 … Daily Dividend Report: NSA, BLK, RTN, ALL, SYY Dividend Channel Staff - Friday, May 26, 2:21 PM. With SYY at 62.30, here's a table showing how big the annual "dividend" (ie. A lower payout ratio may indicate that the company has more room to increase its dividends. Growth 6. In fact, this was my first SYY dividend. Also shown is the equivalent number of cents/day necessary to achieve each yield: Sysco Dividend Increase: Fiscal Year 2020. The food distributor is currently shelling out a dividend of $0.45 per share, with a dividend yield of 4.62%. Its most recent increase was a 15.4% raise in November 2019. There are only 28 such companies in the US, and perhaps a couple more in the rest of the world. Discover variety of stocklists. During the past decade, SYSCO Corporation has managed to boost dividends at … This year, there are several new entrants into this exclusive Dividend Kings, including food distributor Sysco Corporation (SYY). As dividend investors, we respect the consistency. Sysco is currently implementing plans to increase productivity and reduce their cost structures. With the past behind us, now it is time for the fun part! Explore dividend stocks. Sysco (NYSE:SYY) Dividend Payout Ratio Explanation. 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%. 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. Sign in. 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%. 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. On the other hand, Sysco typically announces its dividend … 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%. The company has paid a cash dividend to shareholders every year since 1970 and has increased its dividend payments for 44 consecutive years. The 2.4% annual yield figure for the share gives it a forward dividend of 1.8. above. It is not a small achievement to have been able to reward long-term shareholders with a dividend raise for over half a century. 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. Sysco Dividend Increase: Fiscal Year 2021. This represents an 8.33% increase over prior dividend payment. Debt To Total Capital 3. My stocks Dividend calculator. above. Above-average yields. Earnings are forecast to increase at an average annual rate of 8.1% for the next three to five years. Management increased the Sysco dividend by 15.4%! Expected timing of Dividend Increase Announcement – Middle of the month Dividend calendar. Rolling 4-yr Div. Any future dividend growth will … The annual dividend will increase from $2.00 to $2.04 per share. 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%. SYY earned one Star in this section for 3.) SYSCO (SYY): A Dependable Dividend Aristocrat For Retirement Income. The increased dividend amounts from JPMorgan Chase and Co. (JPM), Air Lease (AL) and Comcast (CMCSA) were helped by … 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. Sysco works to expand it’s business by increasing sales, attracting new clients, and acquiring competitors. It makes sense, right? The company makes snacks, spices, extracts and … A dividend king is a company that has managed to increase dividends to shareholders for at least 50 years in a row. 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%. Especially when the increase is close to double digits annually. Key Metrics 4. Dividend Growth Rate 5. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. See upcoming ex-dates. Average Dividend Increase since 1975: 16.96% Average Dividend Decrease since 2000: 11.20% Biggest Dividend Inc. was in 1992 for 56.25%. Dividend ideas. SYY Basic Company Stats. 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. It has paid a dividend every quarter since it went public in 1970. 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. Year: Adj. The current TTM dividend payout for Sysco (SYY) as of December 31, 2020 is $1.80 . SYY earned a Star for having an acceptable score in at least two of the four Key Metrics measured. Ticker Symbol: SYY; PE Ratio: 17.07 The new dividend is payable on Jan. 25, 2019, to common stockholders of … With the yearly payout now at $1.80 per share, the stock yields just under … Sysco has a long history of steady dividends, and regular dividend increases. The company began 2020 by delivering its 51st annual dividend increase. Expected Dividend Increases in November 2018. Meanwhile, McCormick (MKC) earlier this week declared a quarterly dividend of 57 cents a share, a 10% increase from 52 cents. The company is a dividend king with a 50-year history of annual dividend increases. Time to look ahead and see which companies are expected to announce a dividend increase … SYY Five-year average DGR – 8.5%. At that price the stock would yield 3.7%. 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%. 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 … 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. Sysco has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. That price the stock would yield 3.7 % recent increase was a 15.4 % raise November. Plans to increase its dividends outlook for 2019 give us the confidence to raise dividend. Of my newest Portfolio holdings, sysco ( SYY ): a Dependable dividend Aristocrat for Retirement Income annual! 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