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The Latest UPS Headlines
UPS Increases Dividend for First Time in Two Years
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<blockquote data-quote="cheryl" data-source="post: 683598" data-attributes="member: 1"><p><strong>UPS Increases Dividend for First Time in Two Years - Bloomberg</strong></p><p><strong></strong></p><p>United Parcel Service Inc., the world’s largest package-delivery company, raised the quarterly dividend on its shares 4.4 percent for the first boost in two years as the economy recovers.</p><p></p><p>The revised dividend is 47 cents a share, up from 45 cents and payable March 3 to stockholders as of Feb. 16, the Atlanta- based company said today in a statement. The last increase was 3 cents, declared in January 2008.</p><p></p><p>UPS cited “our outlook for a gradual economic recovery and the expectation of strong performance in 2010.”</p></blockquote><p></p>
[QUOTE="cheryl, post: 683598, member: 1"] [B]UPS Increases Dividend for First Time in Two Years - Bloomberg [/B] United Parcel Service Inc., the world’s largest package-delivery company, raised the quarterly dividend on its shares 4.4 percent for the first boost in two years as the economy recovers. The revised dividend is 47 cents a share, up from 45 cents and payable March 3 to stockholders as of Feb. 16, the Atlanta- based company said today in a statement. The last increase was 3 cents, declared in January 2008. UPS cited “our outlook for a gradual economic recovery and the expectation of strong performance in 2010.” [/QUOTE]
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