Sysco Raises Quarterly Dividend to $0.55 a Share

Sysco Corporation (NYSE: SYY) raised its quarterly dividend to $0.55 per share from $0.54, an increase of 1.85%. Shares trade ex-dividend on July 2, 2026.

The new rate produces an annualized dividend of $2.20 per share. Based on a share price of $84.10, Sysco’s forward annual yield is 2.62%.

The increase extends the foodservice distributor’s dividend-growth streak to 38 consecutive years. Sysco described the decision as part of its commitment to consistent shareholder returns and a disciplined, balanced approach to capital allocation. The company also identifies itself as a Dividend Aristocrat. Sysco’s dividend announcement

Sysco sells and distributes food and related products to restaurants, healthcare and educational facilities, hotels and other customers that serve meals away from home. That broad customer base and the recurring nature of food distribution provide the operating backdrop for its dividend policy. Sysco Investor Relations

The company subsequently reported higher fiscal 2026 sales and operating cash flow, along with increased free cash flow. Management said supply-chain productivity supported profit growth across its business segments and reiterated its focus on returning capital through dividends and share repurchases. Sysco’s fiscal 2026 results

What it means for income investors

At the new quarterly rate, an investor’s annualized dividend income rises by $0.04 per share compared with the previous rate. The 2.62% forward yield reflects the locked share price of $84.10 and will fluctuate as the stock price changes.

Sysco carries a dividend safety score of 90 out of 100 and an A safety grade. Those measures indicate a comparatively strong dividend profile, while the 38-year growth streak shows continuity through varied economic conditions. Neither the score nor the streak guarantees future payments, which remain subject to board approval and the company’s financial performance.