TD SYNNEX Corporation (NYSE:SNX) Shares Will Pay Quarterly Dividend of $0.48

TD SYNNEX Corporation (NYSE:SNX) declared a quarterly dividend on Thursday, September 24th. Investors of record on Friday, October 16th will be paid a dividend of $0.48 per share by the business services provider on Friday, October 30th. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, October 16th.

TD SYNNEX has increased its dividend by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 5 consecutive years. TD SYNNEX has a dividend payout ratio of 14.4% meaning its dividend is sufficiently covered by earnings. Analysts expect TD SYNNEX to earn $20.86 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 9.2%.

TD SYNNEX Stock Performance

NYSE SNX opened at $259.58 on Friday. The firm has a market capitalization of $20.76 billion, a P/E ratio of 18.58, a price-to-earnings-growth ratio of 0.79 and a beta of 1.43. The company has a current ratio of 1.20, a quick ratio of 0.64 and a debt-to-equity ratio of 0.40. The firm’s fifty day moving average price is $256.95 and its two-hundred day moving average price is $237.22. TD SYNNEX has a 1 year low of $142.22 and a 1 year high of $298.77.

TD SYNNEX (NYSE:SNX) last announced its quarterly earnings data on Thursday, September 24th. The business services provider reported $5.68 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.98. The company had revenue of $21.56 billion during the quarter, compared to the consensus estimate of $18.91 billion. TD SYNNEX had a net margin of 1.63% and a return on equity of 15.37%. The company’s quarterly revenue was up 37.7% on a year-over-year basis. During the same quarter last year, the firm posted $3.58 EPS. TD SYNNEX has set its Q4 2026 guidance at 5.650-6.150 EPS. As a group, research analysts anticipate that TD SYNNEX will post 18.16 EPS for the current year.

TD SYNNEX News Summary

Here are the key news stories impacting TD SYNNEX this week:

• Positive Sentiment: TD SYNNEX reported third-quarter EPS of $5.68, well above the roughly $4.70 consensus, while revenue rose 37.7% year over year to $21.56 billion, exceeding expectations. TD SYNNEX Q3 earnings report
• Positive Sentiment: Management issued fourth-quarter guidance above Wall Street forecasts, calling for EPS of $5.65 to $6.15 versus an estimated $4.80, and revenue of $21.8 billion to $22.6 billion versus an estimated $19.4 billion. TD SYNNEX results and guidance
• Positive Sentiment: Data-center and AI-related demand remains strong, particularly through Hyve Solutions, and the company said demand is not showing signs of weakening. TD SYNNEX data-center demand article
• Positive Sentiment: The board declared a quarterly dividend of $0.48 per share, or $1.92 annualized, with a yield of approximately 0.7%.
• Neutral Sentiment: TD SYNNEX’s distribution business remains the main earnings contributor, while AI-driven Hyve growth is expanding rapidly but carries lower margins and greater inventory requirements.
• Negative Sentiment: The primary concern was nearly $1 billion of free-cash-flow usage during the quarter. Rapid growth is consuming working capital through higher inventory and receivables, raising questions about cash conversion and execution. TD SYNNEX AI growth and cash flow analysis
• Negative Sentiment: Several reports characterized the reaction as a sell-off despite the earnings and guidance beats, with at least one analyst downgrading the stock because of cash-flow strain. Continued insider selling—70 reported sales and no purchases over the past six months—may also weigh on sentiment.

About TD SYNNEX

TD SYNNEX Corporation (NYSE: SNX) is a global technology distributor and solutions aggregator that connects technology manufacturers with resellers, systems integrators, managed service providers and other business partners. The company helps its partners design, procure, configure and deliver technology solutions to organizations across a range of industries.

Its portfolio includes personal computing devices, peripherals, networking equipment, data-center infrastructure, cybersecurity products, software and cloud services.