UPS Announces Quarterly Dividend

Rhea-AI Summary

UPS (NYSE: UPS) has announced a quarterly dividend of $1.52 per share on all outstanding Class A and Class B shares, payable on September 1, 2022, to shareholders of record on August 15, 2022. This commitment to dividends highlights UPS's financial strength, as the company has consistently maintained or increased its dividends since going public in 1999. In 2021, UPS achieved $97.3 billion in revenue, reflecting its position as one of the world’s largest logistics providers, serving over 220 countries.

Positive

• Quarterly dividend of $1.52 reinforces investor confidence.
• Consistent dividend increase since 1999 indicates strong financial management.
• 2021 revenue of $97.3 billion reflects robust business performance.

Negative

• None.

ATLANTA, Aug. 03, 2022 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.52 per share on all outstanding Class A and Class B shares.

The dividend is payable September 1, 2022 to shareowners of record on August 15, 2022. 

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 companies, with 2021 revenue of $97.3 billion, and provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. Focused on its purpose statement, “Moving our world forward by delivering what matters,” the company’s more than 500,000 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 an unwavering stance in support of diversity, equity and inclusion.  More information can be found at www.ups.com, about.ups.com and www.investors.ups.com.

FAQ

What is the UPS dividend amount for the next payout?

UPS has announced a dividend of $1.52 per share for the upcoming payout.

When will UPS's dividend be payable?

The dividend will be payable on September 1, 2022.

What is the record date to receive the UPS dividend?

Shareholders must be on record by August 15, 2022, to receive the dividend.

How often does UPS pay dividends?

UPS pays dividends quarterly.

Has UPS consistently increased its dividends?

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