The Problem With Sysco Stock

It’s no secret that Sysco (NYSE: SYY) is a Dividend Aristocrat. The company has hiked its dividend for more than 50 years. But here’s the problem. The Problem With Sysco Stock By Ian Wyatt September 13th, 2024 It’s no secret that Sysco (NYSE: SYY) is a Dividend Aristocrat. The company has hiked its dividend for more than 50 years. The problem is… the dividend yield is just 2.65%. Meanwhile, [this passive income blueprint]( can pay you up to 45% REAL dividends. [Go here to discover how it could 10x your income fast.]( Dividend Aristocrats are the royalty of dividend stocks. They’re companies that have boosted dividends for 25 years or more. And Sysco is one of the most well-known names in this group. But can it still help you secure steady income in 2024 and 2025? The food distributor holds a 17% share of a $370 billion industry. It operates hundreds of distribution centers… And serves over 700,000 customers. In its recent fiscal year, Sysco pulled in $2 billion in profits on $78.8 billion in sales. That’s a 3% bump from the previous year. It has also raised its dividend for over 50 consecutive years. Sysco’s dividend growth may only average 5.7% over the last 10 years… But with a 48% free cash flow payout ratio… Its dividends are secure with room to grow. However, its 2.65% dividend yield is quite small for the average investor. If you want to make $1,000 a month with Sysco… You’d need to invest $452,830 in the stock! This doesn’t make sense AT ALL for the average investor. A 2.65% dividend yield is simply too low to generate meaningful income – unless you’re already a multimillionaire. If you’re looking to dramatically increase your income… Then I highly suggest checking out [this income blueprint]( presentation. Inside you’ll discover… - Supercharged Payouts that can pay you 1-day dividends of 28%, 39% and even 45%. - Income Alternatives that pay you over 20% income – WITHOUT investing on Wall Street. - Shadow Funds that trade at HUGE discounts – and pay yields as high as 67%. To see how the strategies could make you an extra $5k per month… [Simply click here now]( Yours in Wealth, Ian Wyatt [VISIT WWW.WYATTRESEARCH.COM]( [Take a 7 day break from these emails]( © Wyatt Investment Research. All rights reserved. Wyatt Investment Research is not a broker dealer of financial advisor. This content is for informational purposes. Nothing in this email should be considered investment advice. Every investment has risk and you could lose your investment. You can review terms of use and disclosures by [clicking here.]( You are subscribed with the following email address: {EMAIL} [Unsubscribe from these types of emails]( [Manage your email preferences]( We love hearing from subscribers. Please reply to this email with any feedback or suggestions. Contact abuse@wyattresearchnewsletters.com to report any issues or concerns. For questions regarding your account please call [866-447-8625](tel:+1(866)447-8625). Wyatt Investment Research LLC 65 Railroad Street, PO Box 790 Richmond, Vermont USA 05477