UPS Board Announces Quarterly Dividend

Rhea-AI Summary

The UPS Board of Directors declared a quarterly dividend of $1.01 per share on all outstanding Class A and Class B shares, payable on December 3, 2020, to shareholders of record as of November 13, 2020. This marks over five decades of consistent dividend issuance, with the dividend amount more than quadrupling in the last 20 years. In 2019, UPS reported revenues of $74 billion, providing integrated logistics solutions globally, while maintaining a commitment to environmental stewardship and community support.

Positive

• Quarterly dividend of $1.01 per share announced, demonstrating ongoing financial stability.
• Dividend has increased over the last 20 years, showcasing strong shareholder returns.
• 2019 revenue of $74 billion indicates robust business performance.

Negative

• None.

ATLANTA, Nov. 02, 2020 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS) Board of Directors today announced its regular quarterly dividend of $1.01 per share on all outstanding Class A and Class B shares.

The dividend is payable December 3, 2020 to shareowners of record on November 13, 2020. 

For more than five decades, UPS has rewarded investors with a strong dividend that has either been maintained or increased. In the last 20 years, the dividend has more than quadrupled.

About UPS

UPS (NYSE: UPS), one of the world’s largest package delivery companies with 2019 revenue of $74 billion, provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. 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 being a steward of the environment and positively contributing to the communities we serve around the world. UPS also takes a strong and unwavering stance in support of diversity, equity 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 Q4 2020?

The UPS Board announced a quarterly dividend of $1.01 per share for Q4 2020.

When will the UPS dividend be paid?

The dividend will be payable on December 3, 2020.

What is the record date for the UPS dividend?

The record date for the dividend is November 13, 2020.

How has UPS's dividend changed over the years?

UPS's dividend has more than quadrupled over the last 20 years, indicating a strong commitment to shareholder returns.