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UPS Board Announces Quarterly Dividend

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dividends
Rhea-AI Summary

On August 12, 2020, UPS announced a quarterly dividend of $1.01 per share on outstanding Class A and B shares. This dividend is payable on September 9, 2020, to shareholders of record by August 24, 2020. UPS's commitment to dividends is highlighted by its history of maintaining or increasing dividends over the last 50 years, with the dividend amount over quadrupling in the past two decades. This reflects UPS's financial strength and dedication to shareholder value.

Positive
  • Dividend declared at $1.01 per share, payable September 9, 2020.
  • Stable or increasing dividends over the last 50 years.
  • Dividend has quadrupled in the last 20 years, showcasing financial strength.
Negative
  • None.

ATLANTA, Aug. 12, 2020 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $1.01 per share on all outstanding Class A and Class B shares.

The dividend is payable on September 9, 2020 to shareowners of record on August 24, 2020. 

For a half century, UPS has kept its dividend stable or increased it, showcasing a hallmark of financial strength and a sustained commitment to shareholder value. In the last two decades alone, UPS has more than quadrupled the dividend.

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America’s Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Forbes Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. The company’s sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter. To get UPS news direct, follow @UPS_News on Twitter. To ship with UPS, visit ups.com/ship.

UPS Media Relations
404-828-7123 
pr@ups.com

UPS Investor Relations
404-828-6059 (option 2) 
investor@ups.com

FAQ

What is the dividend payment amount for UPS in September 2020?

UPS declared a dividend payment of $1.01 per share.

When is the UPS dividend payment date?

The dividend is payable on September 9, 2020.

What is the record date for the UPS dividend?

The record date for the dividend is August 24, 2020.

How often does UPS pay dividends?

UPS typically pays dividends quarterly.

How has UPS's dividend changed over the years?

UPS has either maintained or increased its dividend for over 50 years, quadrupling it in the last two decades.

United Parcel Service, Inc. Class B

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UPS Stock Data

114.23B
729.40M
0.02%
72.82%
1.63%
Integrated Freight & Logistics
Trucking & Courier Services (no Air)
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United States of America
ATLANTA