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FedEx Corp. Board Increases Quarterly Dividend 25 Percent

June 8, 2015 4:42 PM EDT

MEMPHIS, Tenn.--(BUSINESS WIRE)-- The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.25 per share on FedEx Corporation common stock. The dividend is payable July 2, 2015 to stockholders of record at the close of business on June 18, 2015.

“Increasing our dividend reinforces our commitment to drive value for shareowners,” said Alan B. Graf, Jr., executive vice president and chief financial officer of FedEx Corp. “Our balance sheet and cash flow generation are very strong, allowing us to strategically invest in long-term, profitable growth while also rewarding our shareowners by raising our dividend by 25 percent.”

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $47 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 325,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.

Certain statements in this press release may be considered forward-looking statements, such as statements relating to management's views with respect to future events and financial performance. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic conditions in the global markets in which we operate, our ability to execute on our profit improvement programs, legal challenges or changes related to FedEx Ground’s owner-operators, new U.S. domestic or international government regulation, the impact from any terrorist activities or international conflicts, our ability to effectively operate, integrate and leverage acquired businesses, changes in fuel prices and currency exchange rates, our ability to match capacity to shifting volume levels and other factors which can be found in FedEx Corp.'s and its subsidiaries' press releases and filings with the SEC.

FedEx Corp.
Media Contact:
Jess Bunn, 901-818-7463
or
Investor Contact:
Mickey Foster, 901-818-7468
fedex.com

Source: FedEx Corp.



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