Sysco Corp. (SYY) Raises Quarterly Dividend 6.5% to $0.33; 2.5% Yield

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Sysco Increases Quarterly Dividend Payment Six Percent

November 16, 2016 8:00 AM EST

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 to $0.33 per share from the current $0.31 per share. The new dividend is payable on January 27, 2017, to common stockholders of record at the close of business on January 6, 2017.

The two cent per share quarterly dividend step up from the one cent increase in recent years reflects Syscos continued strong generation of cash flow and demonstrates our long-standing commitment to return... More