FedEx (FDX) Hikes Qtr. Dividend 60% to 40c/Share; 1% Yield

June 6, 2016 4:22 PM EDT

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FedEx (NYSE: FDX) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. The dividend is an increase from the current rate of $0.25 per share.

The dividend will be payable on July 1, 2016, to stockholders of record on June 16, 2016, with an ex-dividend date of June 14, 2016.

The annual yield on the dividend is 1 percent.

For a dividend history and other dividend-related data on FedEx (FDX) click here.

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