UPS's Massive Dividend Raise Reflects Strength

[cheryl]

UPS's Massive Dividend Raise Reflects Strength - Yahoo​

At the beginning of February, United Parcel Service Inc. (NYSE:UPS) announced that it was raising its quarterly dividend by 49%. This is one of the largest increases this year amongst the big-cap names in the market.

Its not like UPS is just beginning its dividend growth streak or is starting from a low base. The company has raised its dividend for 13 consecutive years, with a compound annual growth rate (CAGR) of nearly 7% over the last decade.

Lets take a closer look at why the company feels that such an increase at this time was warranted.

 

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They raised the dividend a year for the next contract negotiations since coming to effect that's why