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 $0.75 per share. This dividend will be payable on April 1, 2022, to stockholders of record at the close of business on March 7, 2022. FedEx reported an annual revenue of $90 billion and is recognized as a leading provider of transportation and e-commerce services. The company aims for carbon-neutral operations by 2040, demonstrating its commitment to sustainable practices.

Positive

• Quarterly cash dividend of $0.75 per share declared.
• Demonstrates financial stability and commitment to returning value to shareholders.

Negative

• None.

MEMPHIS, Tenn.--(BUSINESS WIRE)-- The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $0.75 per share on FedEx Corp. common stock. The dividend is payable April 1, 2022 to stockholders of record at the close of business on March 7, 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 $90 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 more than 600,000 team members 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/20220210005667/en/

Media Contact: Michele Ehrhart 901-434-7747

Investor Contact: Mickey Foster 901-818-7468

Home Page: fedex.com

Source: FedEx Corp.

FAQ

What is the dividend amount declared by FedEx Corp. (FDX)?

FedEx Corp. has declared a quarterly cash dividend of $0.75 per share.

When is the FedEx dividend payable?

The FedEx dividend is payable on April 1, 2022.

What is the record date for the FedEx dividend?

The record date for the FedEx dividend is March 7, 2022.

What was FedEx's annual revenue?

FedEx reported an annual revenue of $90 billion.

What sustainability goals has FedEx set?

FedEx aims to achieve carbon-neutral operations by 2040.