FedEx (FDX) Raises Quarterly Dividend 25% to $0.25; 0.6% Yield
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FedEx Corp. Board Increases Quarterly Dividend 25 Percent
June 8, 2015 4:42 PM EDTMEMPHIS, 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... More
