NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $27.92 as of 9:32 a.m. ET, the dividend yield is 3.7%.
The average volume for Sysco has been 4.7 million shares per day over the past 30 days. Sysco has a market cap of $16.2 billion and is part of the
industry. Shares are down 5.1% year to date as of the close of trading on Monday.
Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice industry in the United States. The company has a P/E ratio of 14.4, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Sysco as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full