Key Highlights

  • TD SYNNEX declared a $0.48 quarterly dividend, up 9% year over year, payable October 30, 2026, to holders of record October 16.
  • Fiscal third-quarter revenue was $21.558 billion, up 37.7%, and non-GAAP gross billings rose 40.0% to $31.828 billion.
  • GAAP diluted earnings were $5.18 per share versus $2.74; non-GAAP diluted earnings were $5.68 versus $3.58.
  • Fiscal fourth-quarter guidance calls for revenue of $21.8 billion to $22.6 billion and non-GAAP diluted earnings of $5.65 to $6.15 per share.

TD SYNNEX (NYSE:SNX) declared a quarterly dividend of $0.48 per common share, up 9% year over year, payable on October 30, 2026, to holders of record on October 16. For the fiscal third quarter ended August 31, 2026, the distributor reported revenue of $21.558 billion, up 37.7%, and GAAP diluted earnings of $5.18 per share, compared with $2.74 a year earlier.

Dividend Program and Shareholder Returns

In its fiscal third-quarter release dated September 24, 2026, TD SYNNEX announced a quarterly dividend of $0.48 per common share, which the company said is up 9% year over year. It is payable on October 30, 2026, to holders of record on October 16, 2026, which is also the ex-dividend date.

In the quarter ended August 31, 2026, the company repurchased about $100.3 million of shares and paid $38.4 million in dividends, returning about $139 million to shareholders in total.

About the Company

TD SYNNEX describes itself as “a leading global distributor, solutions aggregator, and original design and contract manufacturer.” It serves more than 150,000 customers across over 100 countries, and its common stock trades on the New York Stock Exchange. Chief Executive Officer Patrick Zammit discusses two units in the release, Distribution and Hyve.

Financial Performance Behind the Payout

Fiscal third-quarter revenue was $21.558 billion, up 37.7% year over year, or 38.4% in constant currency. Non-GAAP gross billings were $31.828 billion, up 40.0%. Gross margin was 6.61%, versus 7.22% a year earlier.

GAAP operating income was $642.9 million, a margin of 2.98% versus 2.45%. Non-GAAP operating income was $736 million, a margin of 3.42% versus 3.03%.

GAAP net income was $416.2 million, or $5.18 per diluted share, versus $226.8 million, or $2.74. Non-GAAP net income was $455.9 million, or $5.68 per diluted share, versus $296 million, or $3.58.

For the nine months, revenue was $58.294 billion versus $45.13 billion a year earlier, and GAAP diluted earnings were $13.37 per share versus $6.92.

Capital Returns Alongside Negative Operating Cash Flow

Net cash used in operating activities was $916,717 thousand in the fiscal third quarter and $2,078,194 thousand for the nine months. Free cash flow was negative $975,601 thousand for the quarter and negative $2,237,047 thousand for the nine months. Cash and cash equivalents were $749,302 thousand at August 31, 2026.

Against that cash flow, the company returned about $139 million to shareholders in the quarter through repurchases and dividends.

Outlook

For the fiscal fourth quarter, TD SYNNEX guided revenue of $21.8 billion to $22.6 billion and gross billings of $31.4 billion to $32.4 billion. It guided GAAP net income of $368 million to $408 million, or $4.58 to $5.08 per diluted share, and non-GAAP net income of $454 million to $494 million, or $5.65 to $6.15 per diluted share, on 79.2 million diluted shares.

Zammit said Distribution and Hyve are “both performing above our expectations” and growing above market.

The company has declared a dividend of $0.48 per share payable on October 30, 2026. Revenue, gross margin, operating cash flow, repurchases and the guidance above are the relevant factors for the dividend.