UPS Raises Dividend

Discussion in 'The Archives' started by upsadvisor, Feb 14, 2003.

  1. upsadvisor

    upsadvisor Guest

    UPS has annouced it will raise the qtly div to
    21 cents from 19 cents.

    The annual div will now be 84 cents.

    Based on the closing price yesterday that would be about 1.5% yield which is better than the last
    2 year tres auction yield.

    This pull back in the stock is a good opportunity to add to your holdings.

    I would wait to see of it pulls back to 55 then move.

    If dividends are made tax free this becomes an even more attractive move by UPS.