TD SYNNEX Corporation Plans Quarterly Dividend of $0.48 (NYSE:SNX)

TD SYNNEX Corporation (NYSE:SNX) declared a quarterly dividend on Thursday, June 25th. Shareholders of record on Friday, July 17th will be paid a dividend of 0.48 per share by the business services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, July 17th.

TD SYNNEX has raised its dividend by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 5 years. TD SYNNEX has a payout ratio of 14.4% meaning its dividend is sufficiently covered by earnings. Analysts expect TD SYNNEX to earn $17.61 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 10.9%.

TD SYNNEX Price Performance

SNX stock opened at $277.45 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.71 and a current ratio of 1.22. TD SYNNEX has a 1 year low of $133.71 and a 1 year high of $296.47. The stock’s 50 day moving average price is $248.56 and its 200 day moving average price is $191.65. The firm has a market cap of $22.30 billion, a P/E ratio of 23.06, a PEG ratio of 1.17 and a beta of 1.43.

TD SYNNEX (NYSE:SNX) last posted its quarterly earnings data on Thursday, June 25th. The business services provider reported $4.85 EPS for the quarter, beating analysts’ consensus estimates of $4.14 by $0.71. TD SYNNEX had a return on equity of 14.03% and a net margin of 1.52%.The business had revenue of $19.57 billion for the quarter, compared to analyst estimates of $16.80 billion. During the same quarter last year, the company earned $2.99 earnings per share. The business’s revenue for the quarter was up 31.0% compared to the same quarter last year. TD SYNNEX has set its Q3 2026 guidance at 4.250-4.750 EPS. On average, sell-side analysts expect that TD SYNNEX will post 15.88 earnings per share for the current fiscal year.

Key TD SYNNEX News

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

• Positive Sentiment: TD SYNNEX reported record fiscal Q2 2026 results, with revenue rising 31% year over year to about $19.6 billion and non-GAAP EPS of $4.85, handily beating estimates. The company also issued upbeat Q3 guidance above Wall Street expectations, reinforcing the case for continued growth. Article Title
• Positive Sentiment: Management highlighted broad demand strength across both distribution and Hyve Solutions, including rapid AI-related growth and strategic wins such as HPE’s global partnership, suggesting SNX is benefiting from the AI infrastructure buildout. Article Title
• Neutral Sentiment: TD SYNNEX announced a quarterly dividend of $0.48 per share, signaling ongoing shareholder returns, though the yield remains modest at roughly 0.7%.
• Negative Sentiment: Some investors are questioning whether the stock’s sharp year-to-date rally has stretched the valuation, which could limit near-term upside despite the strong operating results. Article Title
• Negative Sentiment: Recent insider transaction data shows more selling than buying over the past six months, which may add a cautious tone for investors even after the earnings beat.

TD SYNNEX Company Profile

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the information technology industry. Formed in September 2021 through the merger of Tech Data and SYNNEX Corporation, the company provides a comprehensive range of products, services and solutions that span hardware, software, cloud, mobility, security and data center technologies. TD SYNNEX partners with vendors, resellers and system integrators to design, deploy and support IT infrastructures across diverse market segments, including commercial enterprises, public sector organizations and retail operations.

The company’s core business activities include the distribution of technology products from manufacturers such as servers, storage, networking equipment and peripherals, as well as the resale and provisioning of software licenses and cloud-based solutions.