$.45 cent UPS Dividend

[Channahon]

A time when other companies have suspended their dividends, UPS is paying a $.45 cent dividend, payable on March 10th, based on your holdings of February 23rd, 2009.

A little bit of good news in today's recession.

 

[bad company]

A time when other companies have suspended their dividends, UPS is paying a $.45 cent dividend, payable on March 10th, based on your holdings of February 23rd, 2009.

A little bit of good news in today's recession.

Good news? Or poor decision?

 

[drewed]

Umm Id have to lean towards the good news....people will be more confident in companies putting out dividends

 

[Catatonic]

Good news? Or poor decision?

Good news.
It shows investors we have actual cash flow rather than virtual cash flow.
Didn't see Enron or these investment banks paying dividends.
Also, UPS needs to get their yield (Yearly dividend/stock price) up over 4%. Still not quite there.
We are not a growth company...much closer to a utility type company.

 

[cancun]

Further proof of what a great company you work for.

 

[over9five]

Good news.

 

[Boxy]

Umm Id have to lean towards the good news....people will be more confident in companies putting out dividends

+1

 

[wyobill]

Bottom Line ........ If they cut or suspend dividend say goodbye to the stock price.

44 will turn into 22 overnight

 

[backinbrown]

The stock is what it is because we the employees by it

if we didnt buy it stock would be worth 10 bucks

 

[thom1842]

Any chance the LL Bean deal helped with this? Couldn't have hurt.

 

[UpstateNYUPSer(Ret)]

The stock is what it is because we the employees by it. if we didnt buy it stock would be worth 10 bucks

Brown, here is some data to refute your claim:

http://www.nasdaq.com/asp/holdings.asp?symbol=UPS&selected=UPS

68.88% of outstanding shares are held by institutions (466,692,043)

total value held by these institutions $21,141,149,548

Seems like a lot of businesses think we are a pretty good company to invest in. Dividends are a way of saying "thank you" for investing in us.

So, at $.45/share, these institutions received a thank you to the tune of $210,011,419.35

 

[backinbrown]

Ok thank you

i was saying and didnt say it that i guess if we didnt buy stock would people have faith in our company if employees did not

makes no sence once i see your data

thank you

 

[ups79]

Brown, here is some data to refute your claim:

http://www.nasdaq.com/asp/holdings.asp?symbol=UPS&selected=UPS

68.88% of outstanding shares are held by institutions (466,692,043)

total value held by these institutions $21,141,149,548

Seems like a lot of businesses think we are a pretty good company to invest in. Dividends are a way of saying "thank you" for investing in us.

So, at $.45/share, these institutions received a thank you to the tune of $210,011,419.35

Actually they hold less than 50%. What they own is 68.8% of the class B shares. They own none of the class A shares which total another approximately 600,000,000 shares

 

[UpstateNYUPSer(Ret)]

Thank you for the clarification--the website that I went to did not break it down by share class.

 

[backinbrown]

ok what is the difference between the a and b stock i dont get it i guess

Is our welfare stock

 

[backinbrown]

I allways knew of a & b stock just never took the time to find out the difference between the two

 

[wyobill]

I allways knew of a & b stock just never took the time to find out the difference between the two

only diff is votes

 

[backinbrown]

only diff is votes

Ok they get to vote with A stock B stock gets no vote

Thank you

 

[OldUPSDriver]

I believe that A shares get one vote per share and B shares get one vote for every ten shares held.

 

[trplnkl]

I'm thinkin that also prevents a hostile takeover from an outside source.