Timeline essential: Watch record RXO – from strength to strength
On a roll
WMT: FOCUS ON COREUPS: STAFF CUTSGM: TOP SALESGXO: LEGAL RISKAMZN: AI-DRIVEN VALUETSLA: UP SHE GOESUPS: LOOKING FORWARDUPS: LOWERING EPS ESTIMATESEXPD: UNDER PRESSURE CHRW: JOB CUTS REPORTEDWTC: ANOTHER DEALRXO: ANOTHER RECORD DHL: JOINING THE PARTYKNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKER
WMT: FOCUS ON COREUPS: STAFF CUTSGM: TOP SALESGXO: LEGAL RISKAMZN: AI-DRIVEN VALUETSLA: UP SHE GOESUPS: LOOKING FORWARDUPS: LOWERING EPS ESTIMATESEXPD: UNDER PRESSURE CHRW: JOB CUTS REPORTEDWTC: ANOTHER DEALRXO: ANOTHER RECORD DHL: JOINING THE PARTYKNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKER
Tasty?
On Wednesday, UPS announced “its regular quarterly dividend of $1.02 per share on all outstanding Class A and Class B shares”.
That’s a quarterly sequential increase of 0.99%.
Its track record can be found here.
Background: JB Hunt raised its quarterly dividend by almost 4% recently; CH Robinson unchanged, as expected.
The dividend, UPS said, is payable on March 10 to shareowners of record on February 22.
It added:
“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.”
Cheers.
(Update: FedEx’s quarterly payout was unchanged, it emerged on 12 Feb)
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News in Brief Podcast | Week 27 2024 | A bustling ocean freight market, acquisition and bankruptcy
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