The UPS (NYSE: UPS) Board of Directors today declared an increased regular quarterly dividend of $0.91 per share on all outstanding Class A and Class B shares, an increase of nearly 10% over the prior dividend.
The dividend is payable March 7, 2018 to shareowners of record on Feb. 20, 2018.
“Dividends remain a high priority at UPS,” said David Abney, UPS chairman and CEO. “Our strong cash flow from operations has enabled us to pay a stable or growing dividend for nearly 50 years.”
UPS has a long history of rewarding shareowners with generous cash dividends. The company has paid a cash dividend every year since 1969 and has more than quadrupled its dividend since it went public at the end of 1999.
The dividend is payable March 7, 2018 to shareowners of record on Feb. 20, 2018.
“Dividends remain a high priority at UPS,” said David Abney, UPS chairman and CEO. “Our strong cash flow from operations has enabled us to pay a stable or growing dividend for nearly 50 years.”
UPS has a long history of rewarding shareowners with generous cash dividends. The company has paid a cash dividend every year since 1969 and has more than quadrupled its dividend since it went public at the end of 1999.