UPS Announces Quarterly Dividend

UPS announced a quarterly dividend of $1.02 per share on all outstanding Class A and Class B shares, payable on December 8, 2021, to shareholders of record as of November 22, 2021.

Rhea-AI Summary

UPS announced a quarterly dividend of $1.02 per share on all outstanding Class A and Class B shares, payable on December 8, 2021, to shareholders of record as of November 22, 2021.

This commitment to dividends has been a hallmark of UPS's financial strength, maintaining or increasing dividends annually since its public offering in 1999. In 2020, UPS reported $84.6 billion in revenue, showcasing its robust presence in integrated logistics solutions across 220 countries.

Positive

• Quarterly dividend of $1.02 per share reflects financial strength.
• Consistent dividend payments since 1999 demonstrate company reliability.
• 2020 revenue of $84.6 billion indicates strong business performance.

Negative

• None.

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News Market Reaction – UPS

In the trading session that priced this news, UPS declined 1.19%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ATLANTA, Nov. 04, 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 December 8, 2021 to shareowners of record on November 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 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. Focused on its purpose statement, “Moving our world forward by delivering what matters,” 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 an unwavering stance in support of diversity, equality, and inclusion. More information can be found at www.ups.com, www.about.ups.com and www.investors.ups.com.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount announced by UPS?

UPS announced a quarterly dividend of $1.02 per share.

When will the UPS dividend be paid?

The UPS dividend will be paid on December 8, 2021.

What is the record date for UPS's dividend?

The record date for UPS's dividend is November 22, 2021.

How has UPS performed in terms of dividends historically?

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

What was the revenue of UPS in 2020?

UPS reported revenue of $84.6 billion in 2020.