United Parcel Service Inc (UPS): "UPS Rewards Shareholders With Dividend...

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Tuesday, 02/18/2020 1:16:05 PM

Tuesday, February 18, 2020 1:16:05 PM

"UPS Rewards Shareholders With Dividend Increase of 5.2%"

"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%."

https://finance.yahoo.com/news/ups-rewards-shareholders-dividend-increase-141102012.html

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