UPS Announces Quarterly Dividend

Rhea-AI Summary

UPS has announced a quarterly dividend of $1.02 per share, payable on March 10, 2021, to shareholders of record by February 22, 2021. This commitment to dividends underscores UPS's financial strength, as it has consistently maintained or increased its dividends since its IPO in 1999. With a reported revenue of $84.6 billion in 2020, UPS continues to prioritize shareholder returns while focusing on sustainability, community support, and diversity.

Positive

• Quarterly dividend of $1.02 per share for shareholders.
• The company has consistently maintained or increased its dividend since 1999.
• 2020 revenue recorded at $84.6 billion.

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• None.

ATLANTA, Feb. 10, 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 March 10, 2021 to shareowners of record on February 22, 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 dividend amount for UPS in 2021?

UPS announced a quarterly dividend of $1.02 per share.

When will UPS pay its dividend?

The dividend will be payable on March 10, 2021.

What is the record date for UPS's dividend?

The record date for the dividend is February 22, 2021.

How often does UPS pay dividends?

UPS pays dividends quarterly.

Has UPS increased its dividend over the years?

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