Time to Rotate to High-Yield Services Stocks? - Seeking Alpha We believe investors should be cautious about the upcoming inflationary environment. As we are concerned about the Fed's loose monetary policy, we think investors should pick defensive stocks with high dividend yields in order to protect themselves against inflation. United Parcel Service Inc. (UPS): United Parcel Service Inc. is a package delivery company operating worldwide. UPS has a 3.17% dividend yield and returned 0.21% during the past 12 months. UPS performed negatively since the beginning of this year, losing -8.22% year-to-date. The stock has a market cap of $64.43B and P/E Ratio of 16.22. Jason Capello's Merchants' Gate Capital and Jeffrey Vinik's Vinik Asset Management are prominent UPS investors.