Sysco Corp. (SYY) Raises Quarterly Dividend 8.3% to $0.39; 2.4% Yield

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Sysco Declares 50th Dividend Increase

November 15, 2018 5:00 PM EST

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 new dividend is payable on Jan. 25, 2019, to common stockholders of record at the close of business on Jan. 4, 2019.

Through its dividends, Sysco has shared its success with its shareholders every quarter since our founding as a public company in 1970, said Tom Bené, Syscos president and chief executive officer. It is an important part of our commitment to... More