TD SYNNEX (US:SNX) Benzinga·2026-01-06 14:11Core Viewpoint - TD SYNNEX Corporation is expected to report a slight increase in quarterly earnings and revenue for the fourth quarter of 2024, with analysts projecting earnings of 94 cents per share and revenue of $1.99 billion, compared to 93 cents and $1.96 billion in the previous year [1] Group 1: Earnings and Revenue Expectations - The earnings report for TD SYNNEX is scheduled for January 8, 2025, before market opening [1] - Analysts anticipate a quarterly earnings increase to 94 cents per share, up from 93 cents in the same quarter last year [1] - The consensus revenue estimate for the quarter is $1.99 billion, an increase from $1.96 billion year-over-year [1] Group 2: Analyst Ratings and Price Target - Morgan Stanley analyst Erik Woodring has maintained an Overweight rating on TD SYNNEX while lowering the price target from $181 to $177 [2] - The company currently offers an annual dividend yield of 1.15%, translating to a quarterly dividend of 44 cents per share, or $1.76 annually [2] Group 3: Dividend Yield Calculation - To achieve a monthly income of $500 from dividends, an investment of approximately $522,054 or around 3,409 shares is required [3] - For a more modest monthly income of $100, an investment of about $104,441 or around 682 shares is necessary [3] - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on stock price changes [4] Group 4: Impact of Stock Price on Dividend Yield - Changes in stock price directly affect the dividend yield; for instance, if a stock's price increases, the yield decreases, and vice versa [4] - If a company increases its dividend while the stock price remains constant, the yield will increase [5] - TD SYNNEX shares experienced a slight decline of 0.2%, closing at $153.14 [5]