@kewur 4 months ago
TD SYNNEX Dividend Update: Ex-Dividend Date Approaching
TD SYNNEX Dividend Update: Ex-Dividend Date Approaching
TD SYNNEX (SNX) is going ex-dividend in two days, meaning only shareholders before Oct 17 will get the upcoming $0.44/share dividend, paid Oct 31. The company has a low payout ratio (19% of earnings, 30% of free cash flow), steady 5.9% EPS growth over 5 years, and has raised its dividend by 13% annually over the past decade. Dividends look sustainable, with management retaining most earnings, suggesting potential for future increases. While not a high-yielder, SNX appears to have a conservative and steady approach to dividend payments.
finance.yahoo.com
| Is It Smart To Buy TD SYNNEX Corporation (NYSE:SNX) Before It Goes Ex-Dividend?
@Simonwhite 4 months ago
It doesn’t have to provide a high yield: it can be banked upon based on the growth itself.
@BrianHoward 4 months ago
The dividend is very much likely to grow, and not too long before that happens.