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

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

UPS Board Announces Quarterly Dividend And Reauthorizes Share Repurchase Program

May 5, 2016 6:06 PM EDT

ATLANTA, May 05, 2016 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.78 per share on all outstanding Class A and Class B shares.

The dividend is payable June 1, 2016, to shareowners of record on May 16, 2016.

Earlier this year, the UPS Board increased the regular quarterly dividend to the current level of $0.78 per share. The company has either increased or maintained its cash dividend every year for 47 years.

The Board of Directors also reauthorized the companys existing... More