The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.73 per share on all outstanding Class A and Class B shares. The dividend increase is in recognition of the company's solid cash flow performance and commitment to delivering shareowner value. The dividend is payable March 10, 2015, to shareowners of record on Feb. 23, 2015. "Since going public our dividend has increased, compounding more than 10 percent on average," said David Abney, UPS chief executive officer. "Due to our strong cash flow in 2014, we returned more than 100 percent of net income or $5.1 billion in shareowner distributions and have returned more than $25 billion to shareholders since 2009. Today's decision by the Board is a reflection of their confidence in our long-term earnings potential and the ability to generate increasing returns to our shareholders." UPS has a long history of its commitment to cash dividends. For more than four decades it has either increased or maintained its dividend. Since 2000, its dividend has more than quadrupled.