UPS Named A Top Socially Responsible Dividend Stock


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UPS Named A Top Socially Responsible Dividend Stock - Forbes

United Parcel Service has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.1% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society — for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol.

According to the ETF Finder at ETF Channel, United Parcel Service Inc is a member of the iShares USA ESG Select ETF (SUSA), making up 0.67% of the underlying holdings of the fund, which owns $23,427,164 worth of UPS shares.