Sysco Corporation (NYSE: SYY) declares a quarterly cash dividend to $0.26 per share, $1.04 annualized. The dividend is a 4% increase from the current rate of $0.25.
The new dividend is payable on January 28, 2011, to common shareholders of record at the close of business on January 7, 2011. The ex-dividend date is January 5, 2011.
Yield on the dividend is 3.6%.
Disclosure I am long SYY shares.
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