FedEx Corp. Board Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of FedEx Corp. (NYSE: FDX) has declared a quarterly cash dividend of $1.15 per share, payable on January 3, 2023 to stockholders recorded by December 12, 2022. With an annual revenue of $95 billion, FedEx continues to provide a broad range of transportation and e-commerce services globally. The company maintains a commitment to operational excellence and aims for carbon-neutral operations by 2040.

Positive

• Quarterly cash dividend of $1.15 per share enhances income for shareholders.
• Strong annual revenue of $95 billion indicates robust business performance.
• Commitment to achieving carbon neutrality by 2040 reflects long-term sustainability focus.

Negative

• None.

MEMPHIS, Tenn.--(BUSINESS WIRE)-- The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.15 per share on FedEx Corp. common stock. The dividend is payable January 3, 2023 to stockholders of record at the close of business on December 12, 2022.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $95 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its nearly 550,000 employees to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221116005686/en/

Media Contact: Jenny Robertson 901-434-8100

Investor Contact: Mickey Foster 901-818-7468

Home Page: fedex.com

Source: FedEx Corp.

FAQ

What is the dividend amount declared by FedEx Corp. for Q1 2023?

FedEx Corp. declared a dividend of $1.15 per share for Q1 2023.

When is the dividend payment date for FedEx shareholders?

The dividend is payable on January 3, 2023.

What is the record date for FedEx Corp. dividend eligibility?

The record date for the dividend is December 12, 2022.

How much revenue does FedEx Corp. generate annually?

FedEx Corp. generates an annual revenue of $95 billion.

What sustainability goal has FedEx Corp. set for the future?

FedEx aims to achieve carbon-neutral operations by 2040.