UPS Announces Quarterly Dividend

Rhea-AI Summary

UPS announced a quarterly dividend of $1.52 per share, payable on December 1, 2022, to shareholders of record on November 14, 2022. This commitment highlights UPS's financial strength, as the company has consistently maintained or increased its dividends since going public in 1999. In 2021, UPS reported impressive revenues of $97.3 billion, offering a wide range of integrated logistics solutions globally. UPS emphasizes environmental sustainability and community support as part of its strategic objectives.

Positive

• Quarterly dividend of $1.52 per share reflects strong financial health.
• Consistent dividend growth since 1999 demonstrates shareholder confidence.
• 2021 revenue of $97.3 billion indicates robust business performance.

Negative

• None.

ATLANTA, Nov. 02, 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 December 1, 2022, to shareowners of record on November 14, 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.

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FAQ

What is the dividend amount declared by UPS for December 2022?

UPS has declared a quarterly dividend of $1.52 per share.

When will UPS pay its dividend?

The dividend is payable on December 1, 2022.

What is the record date for UPS's dividend payment?

The record date for the dividend payment is November 14, 2022.

How long has UPS been paying dividends?

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