United Parcel Service, Inc. (NYSE:UPS) Plans Quarterly Dividend of $1.64

United Parcel Service, Inc. (NYSE:UPSGet Free Report) announced a quarterly dividend on Wednesday, May 6th. Shareholders of record on Monday, May 18th will be paid a dividend of 1.64 per share by the transportation company on Thursday, June 4th. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Monday, May 18th.

United Parcel Service has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 16 years. United Parcel Service has a payout ratio of 82.7% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities analysts expect United Parcel Service to earn $7.91 per share next year, which means the company should continue to be able to cover its $6.56 annual dividend with an expected future payout ratio of 82.9%.

United Parcel Service Stock Up 0.1%

Shares of NYSE:UPS opened at $99.96 on Thursday. United Parcel Service has a 12-month low of $82.00 and a 12-month high of $122.41. The stock has a market capitalization of $84.88 billion, a price-to-earnings ratio of 16.16, a PEG ratio of 1.56 and a beta of 1.06. The stock has a fifty day simple moving average of $102.78 and a two-hundred day simple moving average of $102.12. The company has a current ratio of 1.21, a quick ratio of 1.22 and a debt-to-equity ratio of 1.50.

United Parcel Service (NYSE:UPSGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. The company had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.99 billion. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. United Parcel Service’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.49 EPS. On average, research analysts anticipate that United Parcel Service will post 7.1 earnings per share for the current fiscal year.

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United Parcel Service Company Profile

(Get Free Report)

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.

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Dividend History for United Parcel Service (NYSE:UPS)

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