Sysco Corp Joins Elite “S.A.F.E. 25” Dividend List

Strong Dividend History and Yield Makes Sysco a Top Pick

Sysco Corp (Symbol: SYY) has been recognized on the Dividend Channel’s prestigious “S.A.F.E. 25” list. This designation highlights stocks that exhibit superior DividendRank characteristics, including a notable 2.7% yield and an impressive track record of at least 20 years of consistent dividend growth, as stated in the latest DividendRank report.

According to the ETF Finder at ETF Channel, Sysco is part of the iShares S&P 1500 Index ETF (ITOT) and holds a significant position as 1.39% of the SPDR S&P Dividend ETF (SDY), which manages $277,297,618 worth of SYY shares.

Sysco Corp earned its place on the “Dividend Channel S.A.F.E. 25” list for several reasons: S Solid return — featuring a substantial yield and outstanding DividendRank statistics; A. Accelerating amount — demonstrating consistent dividend increases; F Flawless history — having never missed or lowered a dividend; E. Enduring — boasting at least two decades of uninterrupted dividend payments.

The company pays an annualized dividend of $2.04 per share, distributed in quarterly installments. Its latest dividend ex-date was January 3, 2025. The following chart illustrates Sysco’s long-term dividend history, which is highlighted as a critical factor in its investment appeal.

SYY operates within the Grocery & Drug Stores sector, alongside other companies like US Foods Holding Corp (USFD) and Casey’s General Stores, Inc. (CASY).

Explore the Top 25 S.A.F.E. Dividend Stocks That Have Increased Payments for Decades »

See Also:

• CEF Channel
• ASPS shares outstanding history
• IPWR Stock Predictions

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.