above. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Rolling 4-yr Div. Sysco is currently implementing plans to increase productivity and reduce their cost structures. What this means is that the company has seen its dividend yield continue to increase over the trailing twelve months, adding up to a 5-year dividend yield averaging 2.41%. The companyâs five-year average dividend growth rate was 9.2% entering the month and the companyâs 2019 dividend increase was 8.8%. I would be shocked if the dividend increase is close to that in 2020. The 2.4% annual yield figure for the share gives it a forward dividend of 1.8. One of my newest Portfolio holdings, Sysco (SYY), delivered my smallest April dividend, which was $11.25. The company is a dividend king with a 50-year history of annual dividend increases. It is not a small achievement to have been able to reward long-term shareholders with a dividend raise for over half a century. Growth wasnât even, as most of it occurred in the past five years. Any future dividend growth will ⦠The current dividend yield for ⦠Sysco has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. Sign in. The dividend increase announced in November 2019 for the fiscal year 2020 was outstanding. The increased dividend amounts from JPMorgan Chase and Co. (JPM), Air Lease (AL) and Comcast (CMCSA) were helped by ⦠This represents an 8.33% increase over prior dividend payment. Sysco is a holding in our Conservative Retirees dividend portfolio.The company is a dividend aristocrat that has paid dividends since 1970 and appears to offer a very safe 3% yield today. It has paid a dividend every quarter since it went public in 1970. This quantitatively ranks SYY as a 3-Star Hold stock. Expected Dividend Increases in November 2018. The new dividend is payable on Jan. 25, 2019, to common stockholders of ⦠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. In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. Discover variety of stocklists. During the past decade, SYSCO Corporation has managed to boost dividends at ⦠Sysco had a HUGE dividend increase last year. Free Cash Flow Payout 2. SYY Dividend-Like Income Using Covered Calls. Browse dividend stocks. above. Sysco has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 6.70%. Sysco has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 6.70%. Key Metrics 4. Dividend Growth Rate 5. A dividend king is a company that has managed to increase dividends to shareholders for at least 50 years in a row. Also shown is the equivalent number of cents/day necessary to achieve each yield: Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. From west rocks website ATLANTA, Oct. 26, 2018 (GLOBE NEWSWIRE) â WestRock Company (NYSE: WRK) today reported that its Board of Directors declared a quarterly dividend of $0.455 per share on its common stock, an increase of $0.025 per share from its previous dividend rate and representing an annualized increase of $0.10 per share, or 5.8%. Above-average yields. Using my D4L-PreScreen.xls model, I determined the share price would need to increase to $31.77 before SYY's NPV MMA Differential decreased to the $500 minimum that I look for in a stock with 41 years of consecutive dividend increases. On the other hand, Sysco typically announces its dividend ⦠This compares to the Food - Miscellaneous industry's yield of 0.33% and the S&P 500's yield of 2.52%. SYY earned one Star in this section for 3.) Its most recent increase was a 15.4% raise in November 2019. Average Dividend Increase since 1975: 16.96% Average Dividend Decrease since 2000: 11.20% Biggest Dividend Inc. was in 1992 for 56.25%. Expected timing of Dividend Increase Announcement â Middle of the month Ticker Symbol: SYY; PE Ratio: 17.07 See upcoming ex-dates. Years of Dividend Data for SYY: 45 Number of Years with Dividend Increases: 45 Number of Years with Dividend Decreases: 0 Number of Years with No Change in Dividend: 0. Dividend calendar. The current TTM dividend payout for Sysco (SYY) as of December 31, 2020 is $1.80 . The food distributor is currently shelling out a dividend of $0.45 per share, with a dividend yield of 4.62%. SYY Basic Company Stats. 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