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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
11 Sep 28, 2021 Oct 14, 2021 Oct 29, 2021 $0.200 0.190%
12 Jun 24, 2021 Jul 15, 2021 Jul 30, 2021 $0.200 0.167%
13 Mar 22, 2021 Apr 15, 2021 Apr 30, 2021 $0.200 0.165%
14 Jan 11, 2021 Jan 21, 2021 Jan 29, 2021 $0.200 0.245%
15 Jan 09, 2020 Jan 23, 2020 Jan 31, 2020 $0.200 0.290%
16 Sep 24, 2019 Oct 10, 2019 Oct 25, 2019 $0.188 0.316%
17 Jun 25, 2019 Jul 11, 2019 Jul 26, 2019 $0.188 0.374%
18 Mar 28, 2019 Apr 11, 2019 Apr 26, 2019 $0.188 0.350%
19 Jan 10, 2019 Jan 18, 2019 Jan 31, 2019 $0.188 0.387%
20 Sep 25, 2018 Oct 11, 2018 Oct 26, 2018 $0.175 0.452%

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 (3.24%)

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 (0.330%). SNX’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.56%), 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 10.968B $0.400 1.47% 21.01%
VNT
Vontier Corporation 6.199B $0.0250 0.305% 3.60%
AI
C3.ai 3.106B $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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About Synnex Corporation

Synnex TD SYNNEX Corporation provides business process services in the United States and internationally. The company distributes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, consumer electronics, information technology (“IT”) systems including data center server and storage solutions, system components, software, networking, communications and security equipment, consumer electronics, and c... SNX Profile

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