{"id":752383,"date":"2023-04-27T18:34:40","date_gmt":"2023-04-27T22:34:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sysco-declares-increase-to-quarterly-dividend-2\/"},"modified":"2023-04-27T18:34:40","modified_gmt":"2023-04-27T22:34:40","slug":"sysco-declares-increase-to-quarterly-dividend-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sysco-declares-increase-to-quarterly-dividend-2\/","title":{"rendered":"Sysco Declares Increase to Quarterly Dividend"},"content":{"rendered":"
\n

HOUSTON, April 27, 2023 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a 1 cent increase in the quarterly cash dividend to $0.50 per share from the current $0.49 per share. The new dividend is payable for the first time on July 28, 2023, to common stockholders of record at the close of business on July 7, 2023.<\/p>\n

\u201cIncreasing the dividend this coming fiscal year builds on Sysco\u2019s balanced capital allocation strategy and long history of delivering returns to our shareholders as a Dividend Aristocrat,\u201d said Kenny Cheung, Sysco\u2019s executive vice president and chief financial officer. \u201cThe $0.04 per share annual increase for fiscal year 2024 shows our confidence in executing our Recipe for Growth strategy.\u201d<\/p>\n

\n
\n About Sysco<\/u>
\n <\/strong>\n <\/p>\n

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 71,000 colleagues, the company operates 333 distribution facilities worldwide and serves approximately 700,000 customer locations. For fiscal year 2022 that ended July 2, 2022, the company generated sales of more than $68\u00a0billion. Information about our Sustainability program, including Sysco\u2019s 2022 Sustainability Report and 2022 Diversity, Equity & Inclusion Report, can be found at www.sysco.com<\/a>.<\/p>\n

For more information, visit www.sysco.com<\/a> or connect with Sysco on Facebook at www.facebook.com\/SyscoFoods<\/a>. For important news and information regarding Sysco, visit the Investor Relations section of the company\u2019s Internet home page at investors.sysco.com<\/u><\/a>, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.<\/p>\n\n\n\n\n\n\n\n
\n For more information contact:<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Kevin Kim<\/td>\nShannon Mutschler<\/td>\n<\/tr>\n
Investor Contact<\/td>\nMedia Contact<\/td>\n<\/tr>\n
kevin.kim@sysco.com<\/td>\nshannon.mutschler@sysco.com<\/td>\n<\/tr>\n
T 281-584-1219<\/td>\nT 281-584-4059<\/td>\n<\/tr>\n<\/table>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

HOUSTON, April 27, 2023 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a 1 cent increase in the quarterly cash dividend to $0.50 per share from the current $0.49 per share. The new dividend is payable for the first time on July 28, 2023, to common stockholders of record at the close of business on July 7, 2023. \u201cIncreasing the dividend this coming fiscal year builds on Sysco\u2019s balanced capital allocation strategy and long history of delivering returns to our shareholders as a Dividend Aristocrat,\u201d said Kenny Cheung, Sysco\u2019s executive vice president and chief financial officer. \u201cThe $0.04 per share annual increase for fiscal year 2024 shows our confidence in executing our Recipe … <\/p>\n

Continue reading “Sysco Declares Increase to Quarterly Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-752383","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSysco Declares Increase to Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sysco-declares-increase-to-quarterly-dividend-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sysco Declares Increase to Quarterly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HOUSTON, April 27, 2023 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) today announced that the Board of Directors has approved a 1 cent increase in the quarterly cash dividend to $0.50 per share from the current $0.49 per share. The new dividend is payable for the first time on July 28, 2023, to common stockholders of record at the close of business on July 7, 2023. \u201cIncreasing the dividend this coming fiscal year builds on Sysco\u2019s balanced capital allocation strategy and long history of delivering returns to our shareholders as a Dividend Aristocrat,\u201d said Kenny Cheung, Sysco\u2019s executive vice president and chief financial officer. \u201cThe $0.04 per share annual increase for fiscal year 2024 shows our confidence in executing our Recipe … Continue reading "Sysco Declares Increase to Quarterly Dividend"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sysco-declares-increase-to-quarterly-dividend-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-27T22:34:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNjY4MyM1NTYwNTEyIzIwMDYyNTY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sysco-declares-increase-to-quarterly-dividend-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sysco-declares-increase-to-quarterly-dividend-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sysco Declares Increase to Quarterly Dividend\",\"datePublished\":\"2023-04-27T22:34:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sysco-declares-increase-to-quarterly-dividend-2\\\/\"},\"wordCount\":349,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sysco-declares-increase-to-quarterly-dividend-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgyNjY4MyM1NTYwNTEyIzIwMDYyNTY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sysco-declares-increase-to-quarterly-dividend-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sysco-declares-increase-to-quarterly-dividend-2\\\/\",\"name\":\"Sysco Declares Increase to Quarterly Dividend - 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