FedEx (FDX) Raises Quarterly Dividend 15.4% to $0.75; 1% Yield

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Go back to FedEx (FDX) Raises Quarterly Dividend 15.4% to $0.75; 1% Yield

FedEx Corp. Board Increases Quarterly Dividend 15 Percent

June 14, 2021 4:15 PM EDT

MEMPHIS, Tenn.--(BUSINESS WIRE)-- The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $0.75 per share on FedEx Corp. common stock, a $0.10 per share increase over the previous dividend payment. The dividend is payable July 12, 2021 to stockholders of record at the close of business on June 28, 2021.

Increasing our dividend reinforces our commitment to drive value for shareowners, said Michael C. Lenz, executive vice president and chief financial officer of FedEx Corp. Our balance sheet and cash flow allow us to strategically invest in long-term, profitable growth... More