United Parcel Service Will Thrive Amid E-Commerce Boost - Investor Place
As a dividend-paying standout in a resurgent market, UPS stock delivers
While the novel coronavirus pandemic took a toll on the transportation sector, it actually boosted the e-commerce market. United Parcel Service is entrenched in both of those sectors. As a result, UPS stock has faced both headwinds and tailwinds during the first half of 2020.
Not everyone thinks of UPS as an e-commerce stock, but that’s a key component of the company’s business model now. Some folks just think of it as a dividend stock, and that’s fine. After all, UPS offers a forward annual dividend yield of 3.53%, which is nothing to sneeze at.
As a dividend-paying standout in a resurgent market, UPS stock delivers
While the novel coronavirus pandemic took a toll on the transportation sector, it actually boosted the e-commerce market. United Parcel Service is entrenched in both of those sectors. As a result, UPS stock has faced both headwinds and tailwinds during the first half of 2020.
Not everyone thinks of UPS as an e-commerce stock, but that’s a key component of the company’s business model now. Some folks just think of it as a dividend stock, and that’s fine. After all, UPS offers a forward annual dividend yield of 3.53%, which is nothing to sneeze at.
