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Sysco (SYY) 3-Year Dividend Growth Rate

: 4.20% (As of Dec. 2023)
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Sysco's Dividends per Share for the three months ended in Dec. 2023 was $0.50.

The historical rank and industry rank for Sysco's 3-Year Dividend Growth Rate or its related term are showing as below:

SYY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.5   Med: 14   Max: 44.2
Current: 4.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sysco was 44.20% per year. The lowest was 3.50% per year. And the median was 14.00% per year.

SYY's 3-Year Dividend Growth Rate is ranked worse than
61.83% of 131 companies
in the Retail - Defensive industry
Industry Median: 7.6 vs SYY: 4.20

During the past 12 months, Sysco's average Dividends Per Share Growth Rate was 2.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Sysco's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.56. As of today, Sysco's Dividend Yield % is 2.64%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Food Distribution subindustry, Sysco's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sysco 3-Year Dividend Growth Rate Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Sysco's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Sysco's 3-Year Dividend Growth Rate falls into.



Sysco 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Sysco  (NYSE:SYY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Sysco's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.5/ 0.89
=0.56

During the past 13 years, the highest Dividend Payout Ratio of Sysco was 1.26. The lowest was 0.43. And the median was 0.59.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Sysco Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5002024-04-042024-04-052024-04-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002024-01-042024-01-052024-01-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-10-052023-10-062023-10-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-07-062023-07-072023-07-28Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Sysco's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2/75.5065
=2.65 %

Current Share Price is $75.5065.
Sysco's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.

During the past 13 years, the highest Dividend Yield of Sysco was 4.59%. The lowest was 1.82%. And the median was 2.49%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sysco 3-Year Dividend Growth Rate Related Terms>


Sysco (SYY) Business Description

Traded in Other Exchanges
Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.
Executives
Sheila Talton director C/O ACCO BRANDS CORPORATION, 300 TOWER PARKWAY, LINCOLNSHIRE IL 60201
Jennifer L Johnson officer: SVP and CAO 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Victoria L Gutierrez officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Daniel Purefoy officer: SVP, Chief Supply Chain Off 33 KINGSWAY, LONDON X0 WC2B 6UF
Neil Russell officer: Interim CFO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kenny K Cheung officer: EVP and CFO HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Greg D Bertrand officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kevin Hourican officer: President and CEO ONE CVS DRIVE, WOONSOCKET RI 02895
Scott B. Stone officer: VP, Finance and interim CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Paulo Peereboom officer: EVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Aaron E Alt officer: EVP and CFO 3001 COLORADO BLVD., DENTON TX 76210
Anita A Zielinski officer: SVP & CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
James Chris Jasper officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087
Ali Dibadj director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206

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