The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.78 per share on all outstanding Class A and Class B shares. The dividend is payable August 31, 2016, to shareowners of record on August 16, 2016. Earlier this year, the UPS Board increased the regular quarterly dividend to the current level of $0.78 per share. UPS has a long history of its commitment to cash dividends. The company has either increased or maintained its cash dividend every year for 47 years. Since 2000, its dividend has more than quadrupled.