UPS increases dividend and announces buyback program, but EPS estimates revised downward

From Zacks Investment Research: 2025-02-11 16:04:08

United Parcel Service (UPS) announced a 0.6% increase in its quarterly dividend, now at $1.64 per share. The dividend will be paid on March 6, 2025. UPS offers a current dividend yield of 5.7%, higher than the industry average of 4.2%. The company has raised its dividend five times in the past five years, showing strong growth potential. Additionally, UPS has a buyback program in place to repurchase shares worth $1 billion in 2025. Despite these positive moves, EPS estimates for UPS have been revised downward due to reduced business with Amazon and revenue weakness. UPS stock currently carries a Zacks Rank of #4 (Sell).



Read more at Zacks Investment Research: Right Time to Buy UPS Stock After Recent Dividend Hike? – February 11, 2025