UPS Announces Quarterly Dividend

Rhea-AI Summary

UPS announced a quarterly dividend of $1.02 per share on all outstanding Class A and Class B shares, payable on June 9, 2021. Shareowners of record by May 24, 2021 will receive this dividend. UPS has consistently maintained or increased its dividend since going public in 1999, emphasizing its commitment to financial strength.

In 2020, UPS reported revenues of $84.6 billion, showcasing its position as a leading global logistics provider with a workforce of over 540,000 employees.

Positive

• Quarterly dividend of $1.02 per share reflects financial commitment.
• Consistent dividend payment since going public in 1999 underscores financial stability.
• Strong revenue of $84.6 billion in 2020 highlights market leadership.

Negative

• None.

Atlanta, May 12, 2021 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.02 per share on all outstanding Class A and Class B shares.

The dividend is payable June 9, 2021 to shareowners of record on May 24, 2021. 

Commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. UPS has either maintained or increased its dividend each year since going public in 1999.

About UPS

UPS (NYSE: UPS) is one of the world’s largest package delivery companies with 2020 revenue of $84.6 billion, and provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. The company’s more than 540,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. UPS also takes a strong and unwavering stance in support of diversity, equality, and inclusion. The company can be found on the Internet at www.ups.com, with more information at www.pressroom.ups.com and www.investors.ups.com.

FAQ

What is the UPS dividend amount for June 2021?

UPS announced a dividend of $1.02 per share for June 2021.

When is the UPS dividend payable?

The UPS dividend is payable on June 9, 2021.

What is the record date for the UPS dividend?

The record date for the UPS dividend is May 24, 2021.

How long has UPS been paying dividends?

UPS has maintained or increased its dividend every year since going public in 1999.

What was UPS's revenue in 2020?

UPS reported a revenue of $84.6 billion in 2020.