UPS (UPS) Declares $0.78 Quarterly Dividend; Reauthorize $8B Buyback Plan

May 5, 2016 6:07 PM EDT

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UPS (NYSE: UPS) declared a quarterly dividend of $0.78 per share, or $3.12 annualized. The dividend will be payable on June 1, 2016, to stockholders of record on May 16, 2016, with an ex-dividend date of May 12, 2016. The annual yield on the dividend is 3.1 percent.

The Board of Directors also reauthorized the company’s existing share repurchase program in the amount of $8 billion. The new share repurchase authorization has no expiration date and replaces the one approved in 2013.

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

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