TD SYNNEX Corp. (SNX) Dividends
Dividend Yield and Dividend History Highlights
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -38.1 -- higher than 3.78% of other dividend issuers in the US.
- In terms of debt burden relative to earnings, SNX has an EBITDA to net debt ratio of 1,020,666,000, ranking above 96.22% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- If you're seeking price stability while collecting dividends, note that SNX has less volatility in its price than merely 13.52% of US stocks in our dividend set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with SNX's price: MWA, QSR, SCHL, EPRT and EFSC.
SNX Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $100.81 | $20.96 | -81.29% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of SNX, the DDM model, as implemented by StockNews, implies a negative return of 81.29% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Td Synnex Corp are:
- SNX's annual revenue of 32 billion US dollars puts it in the large-sized revenue class; relative to suck stocks, it has a discount rate lower than 84.39% of dividend issuing stocks in its revenue class.
- In terms of opportunity, Td Synnex Corp's estimated return of -81.29% surpasses about just 11.07% of dividend issuers we applied the dividend discount model to.
- Beta tells us how volatile a stock's price is relative to the broader equity index; for Td Synnex Corp, its beta is lower than just 14.32% of dividend issuing stocks we observed.
SNX Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-01-18 | Dividend | $0.40 | +14.29% |
| 2023-10-12 | Dividend | $0.35 | -- |
| 2023-07-13 | Dividend | $0.35 | -- |
| 2023-04-13 | Dividend | $0.35 | -- |
| 2023-01-19 | Dividend | $0.35 | +16.67% |
| 2022-10-13 | Dividend | $0.30 | -- |
| 2022-07-14 | Dividend | $0.30 | -- |
| 2022-04-07 | Dividend | $0.30 | -- |
| 2022-01-20 | Dividend | $0.30 | +50.00% |
| 2021-10-14 | Dividend | $0.20 | -- |
| 2021-07-15 | Dividend | $0.20 | -- |
| 2021-04-15 | Dividend | $0.20 | -- |
| 2021-01-21 | Dividend | $0.20 | +12,150.00% |
| 2020-12-01 | Split | 245-100-for-1 Stock Split | N/A |
| 2020-01-23 | Dividend | $0.40 | +6.67% |
| 2019-10-10 | Dividend | $0.38 | -- |
| 2019-07-11 | Dividend | $0.38 | -- |
| 2019-04-11 | Dividend | $0.38 | -- |
| 2019-01-18 | Dividend | $0.38 | +7.14% |
| 2018-10-11 | Dividend | $0.35 | -- |
| 2018-07-12 | Dividend | $0.35 | -- |
| 2018-04-12 | Dividend | $0.35 | -- |
| 2018-01-18 | Dividend | $0.35 | +16.67% |
| 2017-10-12 | Dividend | $0.30 | +20.00% |
| 2017-07-12 | Dividend | $0.25 | -- |
| 2017-04-11 | Dividend | $0.25 | -- |
| 2017-01-11 | Dividend | $0.25 | -- |
| 2016-10-12 | Dividend | $0.25 | +25.00% |
| 2016-07-13 | Dividend | $0.20 | -- |
| 2016-04-13 | Dividend | $0.20 | -- |
| 2016-01-13 | Dividend | $0.20 | -- |
| 2015-10-14 | Dividend | $0.20 | +60.00% |
| 2015-07-15 | Dividend | $0.13 | -- |
| 2015-04-15 | Dividend | $0.13 | -- |
| 2015-01-14 | Dividend | $0.13 | -- |
| 2014-10-15 | Dividend | $0.13 | -- |
SNX Dividends vs. Peers
SNX's dividend yield currently ranks #53 of 133 vs. its peers in the Technology - Services category.
Looking for More Information on SNX dividends?
Want to see what other sources are saying about Synnex Corp's dividends? Try the links below:Synnex Corp Common Stock (SNX) Dividend History | Nasdaq
Dividend History for Synnex Corp (SNX) - Dividend Investor
Synnex Corp (SNX) Dividend History - Seeking Alpha