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UPS Named 'Top Dividend Stock of the Dow Transports' at Dividend Channel With 3.8% Yield

Discussion in 'The Latest UPS Headlines' started by cheryl, May 14, 2019.

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  1. cheryl

    cheryl I started this. Staff Member

    UPS Named 'Top Dividend Stock of the Dow Transports' at Dividend Channel With 3.8% Yield - NASDAQ

    United Parcel Service Inc (Symbol: UPS) has been named as the ''Top Dividend Stock of the Dow Transports'', according to Dividend Channel , which published its most recent ''DividendRank'' report. The report noted that among the components of the Dow Jones Transportation Average, UPS shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at United Parcel Service Inc, and favorable long-term multi-year growth rates in key fundamental data points.
     
  2. Old Man Jingles

    Old Man Jingles Rat out of a cage

    Ironically because the stock price dropped precipitously.

    UPS is an attractive buy at this point for their yield.

    This is a big reversal for me as I was always critical of UPS for having as mediocre yield at around 2.8%.