FedEx Corp. Board Declares Quarterly Dividend

Rhea-AI Summary

FedEx Corp. (NYSE: FDX) has declared a quarterly cash dividend of $0.75 per share, payable on October 1, 2021, to stockholders of record by the close of business on September 3, 2021. With annual revenue reaching $84 billion, FedEx offers a wide range of transportation, e-commerce, and business services globally. The company aims for carbon-neutral operations by 2040, showcasing its commitment to sustainability while continuously inspiring its 570,000 team members to adhere to high ethical standards and customer focus.

Positive

• Quarterly cash dividend of $0.75 per share enhances shareholder income.
• Company's commitment to carbon-neutral operations by 2040 reflects corporate responsibility.

Negative

• None.

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 October 1, 2021 to stockholders of record at the close of business on September 3, 2021.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $84 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 570,000 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 about.fedex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210813005229/en/

FAQ

What is the dividend amount declared by FedEx?

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

When will the FedEx dividend be paid?

The dividend will be payable on October 1, 2021.

Who is eligible for the FedEx dividend?

Stockholders of record at the close of business on September 3, 2021, are eligible.

What is FedEx's annual revenue?

FedEx's annual revenue is approximately $84 billion.

What is FedEx's goal for sustainability?

FedEx aims to achieve carbon-neutral operations by 2040.