Sysco Corporation Announces Its Latest Dividend Decision
Sysco Corporation's Latest Dividend Announced
Sysco Corporation (NYSE: SYY) has made headlines recently by declaring a quarterly cash dividend of $0.51 per share. This decision underscores the company's dedication to delivering value to its shareholders and maintaining a robust financial health.
The Details of the Dividend
The announced dividend is set to be distributed on April 25, 2025, to stockholders who hold shares as of the closing of business on April 4, 2025. Such commitments are often viewed positively by investors, showcasing the company's ongoing profitability and stability.
About Sysco Corporation
Sysco is recognized as a global leader in the food service distribution sector, focusing on marketing and distributing food and related products for establishments that prepare meals away from home. Their diverse clientele includes restaurants, healthcare facilities, educational institutions, and more, serving an impressive amount of approximately 730,000 customer locations.
Expansive Reach and Workforce
Sysco operates with an extensive network of 340 distribution centers across 10 countries. The company proudly employs around 76,000 colleagues, all dedicated to ensuring that their customers receive the best products and services possible. Their success is evident, with reported sales exceeding $78 billion for the fiscal year ending June 2024.
Innovative Solutions for the Food Service Industry
As the largest food distributor aimed at the away-from-home sector, Sysco provides tailored supply chain solutions and premium specialty product offerings. They strive to support culinary innovations and efficiency for businesses served, helping their clients enhance their operational effectiveness.
Commitment to Sustainability
In addition to their impressive product range, Sysco is focused on sustainability. They work on offering sustainably sourced items and fostering environmentally responsible practices within their operations and the broader supply chain.
Staying Connected with Sysco
For more details about Sysco’s offerings or to explore their dedication to customer support, you can visit their official website. Sysco’s Investor Relations section also provides valuable insights into their financial performance and strategies.
Frequently Asked Questions
What is the dividend announced by Sysco Corporation?
Sysco Corporation declared a quarterly cash dividend of $0.51 per share.
When is the dividend payment date?
The dividend is scheduled for payment on April 25, 2025.
Which stock market does Sysco Corporation belong to?
Sysco Corporation is listed on the NYSE under the ticker symbol SYY.
How many distribution centers does Sysco operate?
Sysco operates 340 distribution centers worldwide.
What was Sysco's sales figure for the last fiscal year?
Sysco's sales exceeded $78 billion for the fiscal year ending June 2024.
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