Reported 4 months ago
United Parcel Service (UPS) has steadily grown its dividend for 15 years, currently offering a 4.7% yield. UPS plans to pay a quarterly dividend of $1.63 in 2024, totaling about $5.4 billion for the year. With a payout ratio averaging 84% over the past decade, UPS seems to balance its high dividend payouts with financial stability, making it an attractive consideration for income investors.
Source: YAHOO