UPS Board Declares Dividend

[cheryl]

UPS Board Declares Dividend - Smart Money

The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares.

The dividend is payable June 3, 2009, to shareholders of record on May 18, 2009. UPS has either increased or maintained its dividend every year for four decades.

 

[UpstateNYUPSer(Ret)]

The fact that UPS has either sustained or increased its' shareholders dividend each year for the past 40 years and especially in light of this tough economy should send a clear signal to investors and employees that UPS is a solid company, well positioned and diversified, with the ability to weather any financial challenges which may present themselves.

 

[1989]

The fact that UPS has either sustained or increased its' shareholders dividend each year for the past 40 years and especially in light of this tough economy should send a clear signal to investors and employees that UPS is a solid company, well positioned and diversified, with the ability to weather any financial challenges which may present themselves.

IE must be doing something right.