Sysco Raises Dividend

Sysco ($SYY) announced today that it’s raising its quarterly dividend by one penny per share. The payout rises from 27 cents to 28 cents per share. This is exactly what I predicted in the CWS Market Review from November 2nd. Sysco has now raised its dividend for 43 years in a row. Based on yesterday’s close and the new dividend, Sysco yields 3.74%.

Posted by on November 14th, 2012 at 10:18 am

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