UPS raised dividend to $1.64 per share, 6.6% yield, investors need 153 shares for $1,000 yearly

From Yahoo Finance: 2025-04-05 09:33:00

United Parcel Service (UPS) raised its quarterly dividend to $1.64 per share, with a 6.6% yield, significantly higher than the S&P 500. To receive $1,000 in yearly payments, investors would need to own 153 shares, costing around $15,300. UPS has a history of raising dividends annually since 2010.

Investors should monitor UPS’s ability to sustain dividends, considering last year’s $6.2 billion in free cash flow compared to $5.4 billion in dividend payments. Management expects $5.7 billion in FCF this year, enough to cover the $5.5 billion in dividends. The company emphasizes the importance of dividends and maintains a cushion to sustain payments.

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Read more: Here’s How Many Shares of UPS You Should Own to Get $1,000 in Yearly Dividends