Sysco Corp Earns Recognition as Socially Responsible Dividend Stock
Sysco Corp (Symbol: SYY) has achieved a notable distinction as a Top Socially Responsible Dividend Stock, according to Dividend Channel. This classification highlights Sysco’s strong “DividendRank” statistics, including an attractive 3.0% yield. Additionally, significant asset managers have recognized Sysco as a socially responsible investment based on comprehensive analyses of social and environmental criteria.
Understanding Socially Responsible Investments
Environmental criteria involve evaluating the company’s product and service impact on the environment. Considerations include energy and resource efficiency, which are crucial in today’s market. Social criteria focus on critical issues such as human rights, child labor, corporate diversity, and the broader impact on society. This includes examining business activities linked to sectors like weapons, gambling, tobacco, and alcohol.
Sysco Corp’s Investment Standing
As noted by the ETF Finder at ETF Channel, Sysco Corp is included in the iShares USA ESG Select ETF (SUSA), representing 0.13% of the fund’s total assets. The fund currently holds approximately $5,952,695 worth of SYY shares.
Dividend Insights
Sysco Corp pays an annualized dividend of $2.16 per share, distributed quarterly. The most recent ex-dividend date was on 07/03/2025. Understanding the company’s long-term dividend history is vital, as it serves as a crucial indicator for assessing the sustainability of its current dividend payout.
Industry Context
SYY operates within the Grocery & Drug Stores sector, alongside competitors such as US Foods Holding Corp (USFD) and Sprouts Farmers Market Inc (SFM).
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