FedEx (FDX) Raises Quarterly Dividend 9.6% to $1.26; 2.2% Yield

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FedEx Announces Planned Consolidation of Operating Companies

April 5, 2023 7:30 AM EDT

New operating structure will create even greater flexibility, efficiency, and intelligence to unlock value for customers, team members, and stockholders

Company hosts DRIVE Investor Event to provide further detail on progress toward $4 billion in benefits from transformation Announces 10% dividend increase

MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) is announcing today at its DRIVE Investor Event that it will consolidate its operating companies into one organization, creating efficiencies that will enhance the company's ability to meet the evolving needs of... More