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Sysco Corp. (NYSE:SYY) sells, markets, and distributes various food and related products to the food service or food-away-from-home industry in the U.S. and internationally.
The 52-week range of Sysco stock price was $67.12 to $82.23.
Sysco's dividend yield is 3.02%. It paid $2.16 per share in dividends during the last 12 months.
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On April 29, the company announced its Q3 2025 earnings, posting revenues of $19.60 billion, missing the analyst consensus estimate of $20.05 billion, as reported by Benzinga.
U.S. Foodservice operations sales rose 0.7% year-over-year, and International Foodservice sales slipped 1.1%. Adjusted EPS of $0.96 missed the consensus estimate of $1.03.
"Sysco's Q3 results were negatively impacted by multiple factors: California wildfires, significantly adverse weather, and more recently, weakening consumer confidence," said CEO Kevin Hourican. "Each of these variables had a negative impact on foot traffic to restaurants which led the quarter, in total, to fall short of our internal expectations."
Check out this article by Benzinga for seven analysts' insights on Sysco.
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If you want to make $100 per month -- $1,200 annually -- from Sysco dividends, your investment value needs to be approximately $39,735, which is around 556 shares at $71.51 each.
Understanding the dividend yield calculations: When making an estimate, you need two key variables -- the desired annual income ($1,200) and the dividend yield (3.02% in this case). So, $1,200 / 0.0302 = $39,735 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).