Sysco Looks Unattractive

The zero interest rate policy (ZIRP) has made people crazy for yield. Companies that reliably raise their payouts have been the prime beneficiaries as income seekers are piling into their shares. Blindly following the crowd can be dangerous though.

For example, Sysco (SYY) increases its dividend like clockwork. The rate doubled from $0.56 per year in 2004 to $1.12 in fiscal 2013 (ended June 30, 2013). How did the stock do while those boosts took place?...269 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.



Already a Subscriber? Please login.


