For those of you navigating the world of dividend investing, understanding a company's dividend payment schedule is absolutely crucial. And if you've got your eyes on a strong, reliable dividend payer like Sysco (NYSE: SYY), you're in the right place! Let's dive deep into how often Sysco pays dividends and explore everything you need to know about their dividend history.
Understanding Sysco's Dividend Payment Frequency: A Step-by-Step Guide
So, you're wondering about Sysco's dividend payments? Let's get straight to it.
Step 1: Discovering Sysco's Dividend Frequency – Are You Ready for Regular Income?
The first and most important question for any dividend investor is: how often does Sysco pay dividends? And the answer is excellent news for those seeking consistent income: Sysco pays dividends on a quarterly basis.
This means that as a shareholder, you can expect to receive a dividend payment from Sysco four times a year. This regular payout schedule is a hallmark of many mature, stable companies and provides a predictable income stream for investors.
Step 2: Decoding the Dividend Calendar – What are the Key Dates?
Understanding "quarterly" is just the beginning. To truly grasp Sysco's dividend payouts, you need to know about the critical dates involved in the dividend process. These dates dictate who gets paid and when.
Sub-heading: The Declaration Date: When the Decision is Made
The declaration date is when Sysco's Board of Directors officially announces the dividend payment. This announcement includes the dividend amount per share, the record date, and the payment date. This is the initial signal to investors that a dividend is coming!
Sub-heading: The Ex-Dividend Date: The Cut-Off Point
This is arguably the most important date for investors. The ex-dividend date (or "ex-date") is the cutoff. To receive the upcoming dividend payment, you must own the shares before the ex-dividend date. If you buy the stock on or after the ex-dividend date, you will not receive that specific dividend payment; the seller will.
For Sysco, their ex-dividend dates typically fall in the first week of January, April, July, and October. For example, the ex-dividend date for their upcoming July 2025 payment was July 3, 2025.
Sub-heading: The Record Date: Verifying Ownership
The record date is the date on which Sysco's transfer agent reviews its records to determine which shareholders are eligible to receive the dividend. Generally, the record date is one or two business days after the ex-dividend date. This gives time for trades to settle.
Sub-heading: The Payment Date: When the Cash Arrives!
Finally, the payment date is when Sysco actually distributes the dividend payments to eligible shareholders. This is the day your brokerage account sees that lovely cash deposit!
Sysco's payment dates typically occur in the latter half of January, April, July, and October. For example, the most recent dividend payment was planned for July 25, 2025.
Step 3: Delving into Sysco's Dividend History – A Track Record of Consistency
Sysco has a very impressive dividend history. They are known as a "Dividend Aristocrat," and for good reason!
Sub-heading: A Long History of Increases
Sysco has a remarkable track record of increasing its dividends for 49 consecutive years. This demonstrates a strong commitment to returning value to shareholders and suggests significant financial stability. A company that consistently raises its dividend, even through various economic cycles, often indicates a healthy and resilient business model.
Sub-heading: Recent Dividend Amounts
While past performance doesn't guarantee future results, looking at recent dividend amounts can give you a good sense of what to expect. Sysco's quarterly dividend per share was $0.51 for payments made in early 2025, and then increased to $0.54 per share for the July 2025 payment. This latest increase reinforces their commitment to dividend growth.
Step 4: Assessing Dividend Safety and Sustainability – Is Sysco a Good Dividend Investment?
Beyond just how often Sysco pays, it's important to consider the safety and sustainability of those dividends.
Sub-heading: Payout Ratio: A Key Indicator
The payout ratio is a crucial metric that shows what percentage of a company's earnings are paid out as dividends. A lower payout ratio generally indicates a more sustainable dividend, as the company retains more earnings for reinvestment and future growth. Sysco's payout ratio is around 52.49%. This is generally considered healthy, suggesting they have ample earnings to cover their dividend payments while still investing in the business.
Sub-heading: Dividend Yield: What's Your Return?
The dividend yield is the annual dividend payment divided by the stock's current price. It's a snapshot of the return you get from dividends relative to your investment. Sysco's dividend yield has been hovering around 2.6% to 2.9% recently. While not the highest yield on the market, it's a solid return, especially when combined with their consistent dividend growth.
Step 5: Finding the Latest Dividend Information – Staying Up-to-Date
Dividend dates and amounts can change, so it's essential to know where to find the most current and accurate information.
Sub-heading: Official Investor Relations
The most reliable source for Sysco's dividend information is always their official investor relations website. This is where they publish all official press releases regarding dividend declarations.
Sub-heading: Reputable Financial Websites
Many financial websites also provide comprehensive dividend data, including historical payments, ex-dividend dates, record dates, and payment dates. Look for sites like Koyfin, Dividend.com, Investing.com, Nasdaq, and Simply Wall St. when researching.
10 Related FAQ Questions about Sysco Dividends
Here are 10 common questions about Sysco's dividends, with quick answers:
How to Check Sysco's Next Dividend Payment Date?
You can check Sysco's next dividend payment date on their investor relations website or reputable financial data platforms like Koyfin or Nasdaq. As of July 2025, the next payment is expected on July 25, 2025.
How to Find Sysco's Ex-Dividend Dates?
Sysco's ex-dividend dates are announced along with the dividend declaration. You can find them on financial news sites or Sysco's investor relations page. For the July 2025 payment, the ex-dividend date was July 3, 2025.
How to Calculate Sysco's Dividend Yield?
To calculate Sysco's dividend yield, divide its annual dividend per share by its current stock price. For example, if the annual dividend is $2.16 and the stock price is $75, the yield is $2.16 / $75 = 0.0288 or 2.88%.
How to Understand Sysco's Dividend Payout Ratio?
Sysco's payout ratio indicates the percentage of its earnings paid out as dividends. A payout ratio of around 52.49% (as of recent data) means that approximately half of its earnings are distributed to shareholders, leaving the rest for reinvestment.
How to Determine if Sysco's Dividend is Sustainable?
You can assess sustainability by looking at the payout ratio (ideally below 70-80% for established companies) and the company's free cash flow. Sysco's moderate payout ratio and strong business model suggest a sustainable dividend.
How to Get Sysco Dividend Payments?
To receive Sysco dividend payments, you must own shares of SYY stock before the ex-dividend date. Dividends are automatically credited to your brokerage account on the payment date.
How to Invest in Sysco for Dividends?
To invest in Sysco for dividends, you'll need a brokerage account. You can then purchase SYY shares through your chosen broker. Consider a diversified portfolio, and don't solely rely on dividends for investment decisions.
How to Track Sysco's Dividend Growth History?
Sysco has a long history of increasing its dividends, spanning 49 consecutive years. You can track this growth on financial websites that provide historical dividend data for SYY.
How to Find Out Sysco's Annual Dividend Amount?
Sysco's annual dividend amount is the sum of its quarterly payments over a year. As of current estimates, the forward annual dividend for Sysco is around $2.16 per share.
How to Learn More About Sysco's Financial Health Beyond Dividends?
To learn more about Sysco's financial health, examine their quarterly and annual financial reports (10-Q and 10-K filings with the SEC), look at their balance sheet, income statement, and cash flow statement, and read analyst reports.
