FedEx dividend

Discussion in 'FedEx Discussions' started by mattwtrs, Nov 21, 2008.

  1. mattwtrs

    mattwtrs Retired Senior Member

    FedEx Corp. Board Declares Quarterly Dividend
    Friday November 21, 9:00 am ET


    MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corporation (NYSE: FDX - News) today declared a quarterly cash dividend of $0.11 per share on FedEx Corporation common stock. The dividend is payable January 2, 2009 to stockholders of record at the close of business on December 12, 2008.

    Wow, I think this is only 1/4 of what Big Brown's dividend is!

    FedEx and UPS are trading within $10.00 of each other now also.
     
  2. 1989

    1989 Well-Known Member

    If UPS keeps up the dividend. It will never be cheaper than FDX. Looks like UPS bought back some shares recently too.