Sysco Corp. (SYY) Raises Quarterly Dividend 9.1% to $0.36; 2.6% Yield

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Sysco Declares 49th Dividend Increase

November 17, 2017 8:00 AM EST

HOUSTON, Nov. 17, 2017 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced that the board of directors has approved a 9 percent increase in the quarterly cash dividend to $0.36 per share from the current $0.33 per share. The new dividend is payable on Jan. 26, 2018, to common stockholders of record at the close of business on Jan. 5, 2018.

Sysco is committed to returning value to our stockholders, said Bill DeLaney, Syscos chief executive officer. Sysco has paid a cash... More