Sysco Corp. (SYY) Raises Quarterly Dividend 2% to $0.50; 2.7% Yield

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Sysco Declares Increase to Quarterly Dividend

April 27, 2023 4:30 PM EDT

HOUSTON, April 27, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced that the Board of Directors has approved a 1 cent increase in the quarterly cash dividend to $0.50 per share from the current $0.49 per share. The new dividend is payable for the first time on July 28, 2023, to common stockholders of record at the close of business on July 7, 2023.

Increasing the dividend this coming fiscal year builds on Syscos balanced capital allocation strategy and long... More