United Parcel Service (UPS) is a major package delivery company known for its brown trucks. While the stock has fallen 60% from its 2022 highs, it offers a 7.7% dividend yield. UPS is working on modernizing its business by investing in technology and focusing on profitable areas, but this has led to lower revenue and rising costs. Investors are concerned about a potential dividend cut due to a payout ratio nearing 100%. Despite the risks, UPS could be a solid long-term investment as it navigates these challenges. Consider the implications before deciding to invest in UPS.
Read more at Yahoo Finance: Could Buying United Parcel Service Today Set You Up for Life?