UPS Rewards Shareholders With Dividend Increase of 5.2%

Discussion in 'The Latest UPS Headlines' started by cheryl, Feb 17, 2020.

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  1. cheryl

    cheryl I started this. Staff Member

    UPS Rewards Shareholders With Dividend Increase of 5.2% - NASDAQ

    In a shareholder-friendly measure, United Parcel Service UPS announced a 5.2% raise in its dividend payout. This move is indicative of the company’s commitment to create value for its shareholders and also underlines its confidence in business growth.

    UPS increased its quarterly dividend to $1.01 per share ($4.04 annually) on all outstanding Class A and Class B shares from 96 cents. The first quarterly installment of the hiked dividend will be paid out on Mar 10, 2020 to its shareholders of record as of Feb 6. The dividend yield based on the new payout and Feb 14’s closing price is 3.8%.

    Notably, this Zacks Rank #3 (Hold) stock has an impressive track record with respect to dividend payouts. It either upped or kept its dividend intact for nearly half a decade. In fact, the dividend payout of this package delivery company has more than quadrupled since 2000.
     
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  2. olroadbeech

    olroadbeech Happy Verified UPSer

    UPS stock is still a dog. selling mine.
     
  3. Should have done that two weeks ago before it took a big hit.
     
  4. Damanmad

    Damanmad New Member

    Remember it’s long term.
     
  5. olroadbeech

    olroadbeech Happy Verified UPSer

    I was joking comparing it to Netflix which gained 3700% in last 10 years.
     
  6. Poop Head

    Poop Head Lovin' every minute of it!

    I'm still holding onto some Blockbuster stock..
     
  7. zubenelgenubi

    zubenelgenubi Well-Known Member

    Emergency toilet paper?