Sysco Corporation (NYSE:SYY) is a top high-yield stock pick for April.
From Yahoo Finance: 2025-03-31 14:00:00
Sysco Corporation (NYSE:SYY) is highlighted in a list of high-yield stocks for April. Dividend investing is praised for its long-term appeal, especially during economic downturns. Analysts suggest that dividend stocks could outperform in the current economic climate due to factors like the trade war and lower price-to-earnings ratios. The Dividend Aristocrats Index, with 25 consecutive years of dividend growth, is recommended for investors seeking stability. While dividend aristocrats have underperformed in recent years, analysts predict a strong outlook for dividend stocks in 2025 due to changing economic and political landscapes.
Sysco Corporation (NYSE:SYY) has a robust financial performance, with a 4.47% revenue growth in fiscal Q2 2025 and consistent dividend growth for 54 years. The company generated $498 million in operating cash flow in the first 26 weeks of fiscal 2025 and returned $803 million to shareholders. Sysco is ranked 14th in high-yield stocks for a dividend capture strategy. Investors are advised to be cautious of high yields and to screen for dividend durability. The company remains a top choice for a dividend capture strategy, offering a quarterly dividend of $0.51 per share and a dividend yield of 2.75% as of March 30.
Read more at Yahoo Finance: Among the Best High Yield Stocks to Buy in April for Dividend Capture