Sysco Bumps Up Dividend by 5.9%

Dow Jones

Apr 25, 2025

By Paul Ziobro

Sysco is raising its quarterly dividend by 5.9%.

The foodservice distributor on Thursday said that its board approved an increase of 3 cents in the quarterly payout to 54 cents a share from 51 cents.

The new payout, equal to $2.16 a year, represents an annual yield of about 3% based on Thursday's closing price of $72.54.

It is payable on July 25 to shareholders on record as of the close of business on July 3.

Chief Financial Officer Kenny Cheung said the increase reflects the company's commitment to maintaining a dividend payout ratio of 40% to 50% of adjusted EPS.

Write to Paul Ziobro at paul.ziobro@wsj.com

(END) Dow Jones Newswires

April 24, 2025 16:57 ET (20:57 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2530699684","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2530699684","pubTimestamp":1745528220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Sysco is raising its quarterly dividend by 5.9%.The foodservice distributor on Thursday said that its board approved an increase of 3 cents in the quarterly payout to 54 cents a share from 51 cents.The new payout, equal to $2.16 a year, represents an annual yield of about 3% based on Thursday's closing price of $72.54.It is payable on July 25 to shareholders on record as of the close of business on July 3.Chief Financial Officer Kenny Cheung said the increase reflects the company's commitment to maintaining a dividend payout ratio of 40% to 50% of adjusted EPS.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","LU2211817866.USD":"Allianz Food Security AT Acc USD","IE00B3T34201.USD":"BNY MELLON GLOBAL EQUITY INCOME \"B\" (USD) INC","BK4585":"ETF&股票定投概念","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","SYY":"西思科公司","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","BK4504":"桥水持仓","BK4102":"食品分销商","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD"},"translate_title":"Sysco将股息提高5.9%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SYY":1},"content_text":"By Paul Ziobro \n\n\n  Sysco is raising its quarterly dividend by 5.9%. \n\n\n  The foodservice distributor on Thursday said that its board approved an increase of 3 cents in the quarterly payout to 54 cents a share from 51 cents. \n\n\n  The new payout, equal to $2.16 a year, represents an annual yield of about 3% based on Thursday's closing price of $72.54. \n\n\n  It is payable on July 25 to shareholders on record as of the close of business on July 3. \n\n\n  Chief Financial Officer Kenny Cheung said the increase reflects the company's commitment to maintaining a dividend payout ratio of 40% to 50% of adjusted EPS. \n\n\n  Write to Paul Ziobro at paul.ziobro@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 24, 2025 16:57 ET (20:57 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}