Synnex Corporation

NYSE SNX

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Synnex Corporation Dividend Payout Ratio for the Trailing 12 Months (TTM) ending February 29, 2024: 20.71%

Synnex Corporation Dividend Payout Ratio is 20.71% for the Trailing 12 Months (TTM) ending February 29, 2024, a 16.03% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.
  • Synnex Corporation Dividend Payout Ratio for the Trailing 12 Months (TTM) ending February 28, 2023 was 17.85%, a 18.98% change year over year.
  • Synnex Corporation Dividend Payout Ratio for the Trailing 12 Months (TTM) ending February 28, 2022 was 15.00%, a 260.54% change year over year.
  • Synnex Corporation Dividend Payout Ratio for the Trailing 12 Months (TTM) ending February 28, 2021 was 4.16%, a -72.29% change year over year.
  • Synnex Corporation Dividend Payout Ratio for the Trailing 12 Months (TTM) ending February 29, 2020 was 15.02%, a -17.44% change year over year.
NYSE: SNX

Synnex Corporation

CEO Mr. Dennis J. Polk
IPO Date Nov. 25, 2003
Location United States
Headquarters 44201 Nobel Drive, Fremont, CA, United States, 94538
Employees 23,000
Sector Technology
Industry Electronics & computer distribution
Description

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfillment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1974 and is headquartered in Fremont, California.

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StockViz Staff

September 20, 2024

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