TD Synnex Corp (NYSE: SNX) recently reported mixed results for its third quarter.
The company reported a third-quarter revenue decline of 9.1% Y/Y to $13.96 billion, missing the consensus of $14.11 billion. Adjusted EPS of $2.78 (+1.5% Y/Y) surpassed the consensus of $2.48.
The company expects fourth-quarter revenue of $14.0 billion-$15.0 billion (vs. consensus of $15.21 billion), adjusted EPS of $2.40-$2.90 (vs. street view of $2.95), and adjusted gross billings in the range of $18.5 billion - $19.7 billion.
With TD Synnex reporting quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, TD Synnex has a dividend yield of 1.45%, which is a quarterly dividend amount of $0.35 a share ($1.40 a year).
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