In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SNX is likely to continue, and whether the current estimated yield of 0.76% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SNX shares, versus its 200 day moving average:
Looking at the chart above, SNX's low point in its 52 week range is $139.23 per share, with $296.47 as the 52 week high point — that compares with a last trade of $252.82.
According to the ETF Finder at ETF Channel, SNX makes up 3.43% of the First Trust Dorsey Wright Momentum & Value ETF (Symbol: DVLU) which is trading up by about 0.3% on the day Wednesday. (see other ETFs holding SNX).
In Wednesday trading, TD SYNNEX Corp shares are currently down about 0.7% on the day.
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Further SNX Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
