TD SYNNEX Corporation SNX is poised to reveal its first-quarter earnings before the March 26, 2024, opening bell.
Market analysts anticipate earnings of $2.84 per share, down from $2.93 per share in the previous year’s quarter. Revenue for the quarter is forecasted at $14.36 billion.
Recently, Miriam Murphy was named the head of TD SYNNEX’s European business on Feb. 6.
Investors are showing interest in TD SYNNEX’s dividends, with a current dividend yield of 1.52% ($1.60 annually per share).
To generate $500 monthly from TD SYNNEX, an investor would need to own approximately $395,400 worth of the company, which equates to 3,750 shares.
For a more conservative target of $100 monthly, an investor would require 750 shares, totaling $79,080.
The dividend yield can vary as the dividend payment and stock price fluctuate over time.
Dividend yield is calculated by dividing the annual dividend payment by the current stock price, showing how changes in stock price can impact yield.
The dividend payment itself can also change, further affecting the dividend yield. If a company increases its dividend payment, the yield rises.
SNX Price Action: TD SYNNEX closed at $105.44 on the previous trading day.
