UPS (UPS) Raises Quarterly Dividend 9.6% to $0.91; 3.3% Yield

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UPS Board Announces Increased Quarterly Dividend

February 8, 2018 4:05 PM EST

ATLANTA, Feb. 08, 2018 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS) Board of Directors today declared an increased regular quarterly dividend of $0.91 per share on all outstanding Class A and Class B shares, an increase of nearly 10% over the prior dividend.

The dividend is payable March 7, 2018 to shareowners of record on Feb. 20, 2018.

Dividends remain a high priority at UPS, said David Abney, UPS chairman and CEO. Our strong cash flow from operations has enabled us to pay a stable or growing dividend for nearly 50 years.           

UPS has a long history... More