UPS May Increase Dividend on Strengthening Global Economy

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UPS May Increase Dividend on Strengthening Global Economy - Bloomberg

United Parcel Service Inc. may increase its dividend today, signaling confidence at the world’s largest package-delivery company that the global economic recovery is gaining momentum, analysts said.

UPS may raise the dividend to 52 cents from 47 cents, or 11 percent, according to a Bloomberg projection. UPS resumed its regular dividend increase last year after leaving the quarterly payout unchanged in 2009 amid the recession.
 
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