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Synnex Corporation Stock Dividends Overview

SNX pays dividends quarterly. Last paid amount was $0.400 at Apr 26, 2024. As of today, dividend yield (TTM) is 1.47%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.47%
Frequency Quarterly
1Y Growth 14.29%
Payout Ratio 0
Amount Per Share $0.400
Synnex Corporation has not yet announced its next dividend date. Last payment date was: Apr 26, 2024.

SNX Dividend Payout History

To ensure a understanding of SNX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 11, 2024 Apr 11, 2024 Apr 26, 2024 $0.400 0.341%
2 Jan 09, 2024 Jan 18, 2024 Jan 26, 2024 $0.400 0.380%
3 Sep 26, 2023 Oct 12, 2023 Oct 27, 2023 $0.350 0.388%
4 Jun 27, 2023 Jul 13, 2023 Jul 28, 2023 $0.350 0.360%
5 Mar 28, 2023 Apr 13, 2023 Apr 28, 2023 $0.350 0.393%
6 Jan 10, 2023 Jan 19, 2023 Jan 27, 2023 $0.350 0.345%
7 Sep 27, 2022 Oct 13, 2022 Oct 28, 2022 $0.300 0.325%
8 Jun 28, 2022 Jul 14, 2022 Jul 29, 2022 $0.300 0.299%
9 Mar 24, 2022 Apr 07, 2022 Apr 22, 2022 $0.300 0.300%
10 Jan 11, 2022 Jan 20, 2022 Jan 28, 2022 $0.300 0.298%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (47.52%)

Growth potential

Stable (3.73%)

SNX Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from SNX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in SNX stock here.

Comparing SNX to Sector and Country

SNX pays a solid dividend yield of 1.47%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.368%). SNX’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.47%), which means that there are more attractive dividend stocks to consider.

SNX Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
SNX
Synnex Corporation 10.146B $0.400 1.47% 21.01%
VNT
Vontier Corporation 6.24B $0.0250 0.305% 2.69%
AI
C3.ai 2.744B $0.225 0% -

FAQ

What factors can affect the amount of SNX's dividend payments?
The amount of SNX's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in SNX sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from SNX stock be automatically reinvested?
If SNX offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy SNX stock.

How often does SNX pay dividend?
Synnex Corporation (SNX) pays dividends quarterly. The most recent payout was on Apr 26, 2024.

How much does SNX pays per share?
The last recorder (Apr 11, 2024) dividend per share was $0.400.

What is SNX dividend growth rate?
Over the last year, Synnex Corporation has witnessed growth rate of 14.29% . Looking back over the past 3 years, this growth rate has been 25.99%. Furthermore, examining the past 5 years, Synnex Corporation has maintained an average Dividends Per Share Growth Rate of 16.36%.
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