Sysco Declares Quarterly Dividend Payment
Rhea-AI Summary
Sysco (NYSE:SYY) has announced a quarterly cash dividend of $0.51 per share, scheduled for payment on April 25, 2025, to stockholders of record as of April 4, 2025.
As the global leader in food-away-from-home distribution, Sysco operates 340 distribution centers across 10 countries, employing 76,000 colleagues and serving approximately 730,000 customer locations. The company reported sales exceeding $78 billion in fiscal year 2024, which ended June 29, 2024.
Sysco's business model focuses on providing customized supply chain solutions, specialty product offerings, and culinary support to various sectors including restaurants, healthcare facilities, educational institutions, and entertainment venues.
Positive
- Consistent dividend payment maintained at $0.51 per share
- Strong market presence with 730,000 customer locations
- Substantial annual revenue of $78+ billion in FY2024
- Extensive global distribution network with 340 centers
Negative
- None.
News Market Reaction
On the day this news was published, SYY gained 1.10%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of
About Sysco
Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 340 distribution centers, in 10 countries, with 76,000 colleagues serving approximately 730,000 customer locations. The company generated sales of more than
As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions.
For more information, visit www.sysco.com. For important news and key information for Sysco investors, visit the Investor Relations section of the company’s website at investors.sysco.com.
| For more information contact: | |
| Kevin Kim | Cassandra Mauel |
| Investor Contact | Media Contact |
| kevin.kim@sysco.com | cassandra.mauel@sysco.com |
| T 281-584-1219 | T 281-584-1390 |
SYY- INVESTORS
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