United Parcel Service (UPS) has a high dividend yield of 7.9%, tempting investors. However, it’s viewed as a turnaround stock due to recent struggles. Demand spiked during the pandemic, leading to an overhaul focusing on technology and profitable business lines. Financial results have been poor, with caution advised due to a high dividend payout ratio.

UPS is making efforts to cut costs and improve profitability, with revenue per piece increasing in the US business. Despite recent struggles, this could signal a turnaround for the company. However, The Motley Fool’s Stock Advisor team did not include UPS in their top 10 stock picks for investors, hinting at potential future performance concerns.

Read more at Yahoo Finance: 1 Reason Why Now Is the Time to Buy United Parcel Service