$0.11 dividends are now a reality for Systemax Inc (NYSE:SYX) shareholders. Here’s why.

August 9, 2018 - By Vernon Prom

Systemax Inc. (NYSE:SYX) LogoInvestors sentiment decreased to 1.31 in Q1 2018. Its down 0.05, from 1.36 in 2017Q4. It dropped, as 10 investors sold Systemax Inc. shares while 29 reduced holdings. 14 funds opened positions while 37 raised stakes. 10.22 million shares or 0.11% more from 10.21 million shares in 2017Q4 were reported.
Millennium Ltd Liability Company accumulated 27,229 shares. Prescott General Partners Ltd Llc accumulated 2.52% or 2.12M shares. Chicago Equity Prns Ltd Liability reported 85,594 shares stake. Atlantic Limited Liability invested in 250 shares or 0% of the stock. Shell Asset Mngmt Commerce accumulated 16,666 shares or 0.01% of the stock. Lazard Asset Management Ltd Llc stated it has 29,940 shares. Schwab Charles Investment Incorporated owns 0% invested in Systemax Inc. (NYSE:SYX) for 59,310 shares. Employees Retirement Systems Of Ohio owns 15,952 shares. Strs Ohio holds 24,400 shares or 0% of its portfolio. Manufacturers Life Communications The invested in 8,754 shares or 0% of the stock. Systematic Fin L P holds 44,315 shares. Bowling Port Management Ltd Liability Corp holds 22,746 shares or 0.09% of its portfolio. Ingalls Snyder Limited Liability Company stated it has 100,719 shares or 0.14% of all its holdings. Legal & General Public Limited Company owns 1,913 shares or 0% of their US portfolio. National Bank Of New York Mellon Corporation holds 0% of its portfolio in Systemax Inc. (NYSE:SYX) for 156,514 shares.

Systemax Inc (NYSE:SYX) is expected to pay $0.11 on Aug 20, 2018. Shareholders owning the stock before Aug 10, 2018 will be eligible to receive the payout. Based on Systemax Inc’s current price of $37.05, the dividend is 0.30 %. This dividend’s record date is Aug 13, 2018 and the announcement date is Jul 31, 2018. The stock decreased 1.38% or $0.52 during the last trading session, reaching $37.05. About 124,711 shares traded or 20.08% up from the average. Systemax Inc. (NYSE:SYX) has risen 115.13% since August 9, 2017 and is uptrending. It has outperformed by 102.56% the S&P500.

Systemax Inc. operates as a direct marketer of brand name and private label products. The company has market cap of $1.38 billion. The Company’s Industrial Products Group segment sells a range of maintenance, repair, and operation products, including electrical and bulbs; fasteners and hardware; foodservice and appliances; furniture and office products; HVAC/R fans; janitorial and maintenance; material handling; medical and laboratory equipment; metalworking and cutting tools; motors and power transmission products; office and school supplies; outdoor and grounds maintenance products; packaging and supplies; plumbing supplies; pneumatics and hydraulics; raw materials and building supplies; safety and security products; storage and shelving products; tools and instruments; and vehicle maintenance, and workbench and shop desks in North America. It has a 18.06 P/E ratio. The company??s EMEA Technology Products Group segment sells information and communication technology products, such as computers and mobile devices; computer parts and memory products; servers, and storage and backup products; computer components and accessories; networking and security products; software products; and electronics, and commercial and home networking products.

More news for Systemax Inc. (NYSE:SYX) were recently published by: Nasdaq.com, which released: “Market Trends Toward New Normal in Medical Properties Trust, Calavo Growers, Pinnacle Entertainment, Systemax …” on August 08, 2018. Seekingalpha.com‘s article titled: “Systemax Inc. (SYX) CEO Larry Reinhold on Q2 2018 Results – Earnings Call Transcript” and published on August 01, 2018 is yet another important article.

Systemax Inc. (NYSE:SYX) Institutional Positions Chart

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