Dividend Details
Calculate SYY Dividend Income
Quick Facts
- Yield: 2.7%
- Frequency: Quarterly
- Sector: Consumer Staples
- Streak: 54 years
About Sysco
Sysco is a Dividend Aristocrat with 54 consecutive years of dividend increases.
54 consecutive years of dividend increases, — the company has raised its payout through recessions, rate hikes, and market downturns alike.
SYY Dividend FAQ
What is SYY's current dividend yield and payout?
SYY currently yields 2.7% annually, paying $2.00 per share per year based on a share price of $74.00. This translates to $0.5000 per share per quarter.
How often does SYY pay dividends?
SYY distributes dividends quarterly, following the standard schedule of most S&P 500 companies. Quarterly payments typically arrive in March, June, September, and December, though exact dates vary. Each payment is approximately $0.5000 per share.
How much does $10,000 invested in SYY pay in dividends?
A $10,000 investment in SYY at $74.00 per share buys approximately 135 shares. At the current 2.7% yield, this generates approximately $270 per year, or $23 per month in dividend income before taxes.
How long has SYY been increasing dividends?
SYY has increased its dividend for 54 consecutive years, qualifying as a Dividend King — one of only ~50 companies with 50+ years of unbroken dividend growth. This places SYY among the most reliable income investments in existence.
Is SYY's dividend sustainable?
With 54 years of consecutive increases through recessions and market crises, SYY has one of the strongest dividend safety profiles in the market.
SYY Dividend Investing Guide
Sysco (SYY) represents a compelling opportunity for dividend investors seeking balanced yield and growth in their portfolios. As a consumer staples sector stock, SYY offers exposure to essential consumer goods that remain in demand regardless of economic conditions.
As a Dividend Aristocrat with 54 consecutive years of dividend increases, SYY has raised its dividend through multiple recessions, rate cycles, and market crashes over those 54 years. That kind of track record comes from management teams that prioritize the payout and have the earnings power to back it up.
To maximize returns from SYY dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your SYY investment.