70.99 0.00 (0.00%)
After hours: 4:27PM EDT
|Bid||70.65 x 1100|
|Ask||70.99 x 800|
|Day's Range||70.60 - 72.00|
|52 Week Range||59.44 - 75.98|
|Beta (3Y Monthly)||0.73|
|PE Ratio (TTM)||25.34|
|Earnings Date||May 6, 2019|
|Forward Dividend & Yield||1.56 (2.34%)|
|1y Target Est||70.73|
Long-term income investors know that yield isn't everything when it comes to dividend stocks. Steadily rising payouts pay off down the road, too.Not only do rising dividends lift the yield on an investor's original cost basis, they're indicative of a firm's ability to withstand the economy's - and the market's - inevitable ups and downs."Dividend growers tend to be quality franchises built to weather diverse market environments," BlackRock portfolio manager Tony DeSpirito and now-retired BlackRock PM Robert Shearer wrote in a 2015 report. "If you think about it, these are generally high-quality businesses with ample free cash flow, and that's precisely what's needed to grow the dividend. So you have a very attractive combination of quality franchises, solid balance sheets and positive trends in cash flow and earnings."The Dividend Aristocrats are companies in Standard & Poor's 500-stock index that have raised their payouts every year for at least 25 consecutive years. They are a host of household names that offer size, longevity and familiarity, providing comfort amid market uncertainty.Here are the current 57 Dividend Aristocrats - including several new faces that were just added in January 2019. These have been among the best dividend stocks for income growth over the past few decades, and they're a great place to start if you're looking to add new dividend holdings to your long-term portfolios. SEE ALSO: 20 Top Stock Picks the Analysts Love for 2019
Sysco (SYY) acquires two Hispanic food distributors to expand customer base and boost long-term growth. This deal will further lift the top line of the company's U.S. Foodservice segment.
Food distributor Sysco Corporation (NYSE: SYY ) announced Friday that it bought California-based J& M Wholesale Meats and Imperio Foods. What Happened The Modesto-based sister companies have about $44 ...
“The acquisition of these businesses is a complementary adjacency to our existing California area business and provides Sysco with the opportunity to further extend our reach into the Hispanic customer segment.”
Sysco Corporation (SYY), the leading global foodservice distribution company, today announced it has acquired J & M Wholesale Meats and Imperio Foods, Inc., leading California distributors with approximately $44 million in combined annual sales. J & M Wholesale Meats and Imperio Foods, sister companies based out of Modesto, California, operate throughout northern California and Oregon. J&M Meats, founded in 2003, is a foodservice distributor who specializes in center of the plate products, serving foodservice customers and small retail locations in the Hispanic segment.
The new operating structure will create three distinct business units under the parent Company, Guest Worldwide. Gilchrist & Soames combines its leading amenity manufacturing capabilities with a passion for pure and innovative bath products, unwavering commitment to environmental stewardship and clean, skin-friendly formulations. As one of the world’s leading textile producers, Manchester Mills is thoroughly committed to meeting the ever-changing needs of customers.
Nu Skin (NUS) gains from an expanding customer base and prudent product launches. However, persistent decline in gross margin is a concern.
Kellogg (K) grapples with rising costs and weaknesses in the U.S snacking and cereal categories. The divestiture of certain businesses to Ferrero Group is likely to be a drag.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sysco (SYY) have what it takes? Let's find out.
Sysco's (SYY) U.S. Foodservice unit is aiding top-line growth. Further, its 2020 strategies and cost-management efforts look encouraging.
Kellogg Company (K) inks deal to divest certain cookies, pie crusts, fruit and fruit-flavored snacks, and ice cream cones businesses to Ferrero.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Important news for shareholders and potential investors in Sysco Corporation (NYSE:SYY): The dividend payment of US$0.39 per...
Colgate (CL) struggles with strained margins for quite a while now. Nevertheless, the company's cost-savings program appears encouraging.
The Zacks Analyst Blog Highlights: Unilever, Medifast, British American Tobacco, Sysco and J.M. Smucker
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United Natural (UNFI) is on track with its SUPERVALU buyout, which contributes significantly to the top line. However, the company grapples with higher input cost.
General Mills (GIS) is on track with its Consumer First strategy and other cost-reduction initiatives. Also, the company benefits from buyouts, especially Blue Buffalo.