The new dividend is payable on Jan. 28, 2005, to common shareholders of record at the close of business on Jan. 7, 2005.
Richard J. Schnieders, chairman and chief executive officer, said, "This dividend increase, the 36th in Sysco's 35-year history, reflects the board's confidence in the company's future prospects. We are pleased to be able to share the benefits of Sysco's consistent growth and earnings performance with our shareholders, who have received approximately $1.8 billion in dividends since our founding."
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