Here's Why Shares of Sysco are in the Spotlight Wednesday
Sysco increased its quarterly dividend 6% to $0.33 per share.
Food service company Sysco (SYY) - Get Report was down slightly Wednesday after the company raised its quarterly divided 6% to $0.33 a share. The new dividend is payable January 27 to shareholders of record on January 6. Sysco says the increased dividend is a result of the company's strong cash flow and demonstrates its commitment to return value to stockholders. Sysco has increased its quarterly dividend 48 times since 1970.
