Sysco Corporation (SYY) to Issue Quarterly Dividend of $0.54 on April 24th

Sysco Corporation (NYSE:SYY) declared a quarterly dividend on Thursday, February 26th. Shareholders of record on Thursday, April 2nd will be given a dividend of 0.54 per share on Friday, April 24th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Thursday, April 2nd.

Sysco has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 57 years. Sysco has a payout ratio of 46.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Sysco to earn $4.94 per share next year, which means the company should continue to be able to cover its $2.16 annual dividend with an expected future payout ratio of 43.7%.

Sysco Stock Performance

Shares of SYY stock opened at $69.63 on Tuesday. The company has a current ratio of 1.30, a quick ratio of 0.75 and a debt-to-equity ratio of 5.45. The stock has a 50 day simple moving average of $84.74 and a 200-day simple moving average of $79.54. The company has a market cap of $33.35 billion, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 2.54 and a beta of 0.58. Sysco has a 12-month low of $67.12 and a 12-month high of $91.85.

Sysco (NYSE:SYY) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. Sysco had a return on equity of 109.21% and a net margin of 2.17%.The firm had revenue of $20.76 billion for the quarter, compared to the consensus estimate of $20.80 billion. During the same period in the previous year, the business earned $0.93 earnings per share. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. On average, equities analysts forecast that Sysco will post 4.58 EPS for the current year.

More Sysco News

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Deal expands Sysco into the higher‑margin cash & carry channel and management says it meaningfully increases scale and profit potential. Sysco to buy catering supplier Jetro Restaurant Depot in $29-billion deal
• Positive Sentiment: Wall Street still leans constructive — analysts’ consensus is around “Moderate Buy”, providing support for longer‑term upside if integration succeeds. Sysco Corporation (NYSE:SYY) Receives Consensus Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Some sell‑side shops (e.g., Wells Fargo) are urging buy‑on‑weakness, framing the deal as a long‑term strategic win and a buying opportunity for patient investors. Sysco defended at Wells Fargo after Jetro deal, says buy on weakness
• Positive Sentiment: Unusual options flow (spike in call buying) suggests some traders are positioning for a rebound or takeover upside after the selloff.
• Neutral Sentiment: CEO and management have been publicly defending the deal and outlining integration plans on media calls — useful for tracking execution, but not an immediate market fix. Sysco CEO Kevin Hourican on $29 billion Jetro Restaurant Depot deal: A gem of an asset
• Neutral Sentiment: Company held an M&A call/transcript that provides more detail on timing, synergies and regulatory steps — worth monitoring for updates on expected close and integration milestones. Sysco Corporation (SYY) M&A Call Transcript
• Negative Sentiment: Financing and capital allocation changes: the deal contemplates roughly $21B of new debt and issuing ~91.5M shares, and Sysco is pausing buybacks to delever — raising near‑term leverage, dilution and credit concerns. Sysco shares slide as investors digest leverage and dilution tied to $29B Restaurant Depot deal
• Negative Sentiment: Immediate market reaction: shares fell sharply after the announcement as investors priced in execution risk, regulatory approval uncertainty and short‑term earnings/credit pressure. Here’s Why Sysco’s “Transformative” Acquisition Is Sinking Its Stock

Sysco Company Profile

Sysco Corporation (NYSE: SYY) is a global foodservice distribution company that supplies a broad range of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers. Its core business is the procurement, warehousing and delivery of fresh, frozen and dry food products, complemented by non-food items such as paper goods, kitchen equipment, cleaning supplies and tabletop products. Sysco serves customers through an extensive network of distribution centers and dedicated delivery fleets, positioning itself as a one-stop supplier for operators of all sizes.

Founded in 1969 and headquartered in Houston, Texas, Sysco has grown through both organic expansion and acquisitions.