TD SYNNEX Announces Quarterly Dividend of $0.48 per Share
TD SYNNEX (NYSE: SNX) has declared a quarterly dividend of $0.48 per share, consistent with its previous payout. The dividend is payable on October 30 to shareholders of record as of October 16, with an ex-dividend date also set for October 16. This results in a forward yield of approximately 0.67%. The announcement comes amid strong financial performance from TD SYNNEX, which recently reported Non-GAAP earnings per share (EPS) of $5.68—$0.98 above estimates—and revenue of $21.56 billion, exceeding expectations by over $2.65 billion. Analysts have noted that while the company's fundamentals remain strong and its strategic moves are viewed positively, much of this growth is already reflected in current valuations.
Tickers: $SNX