Full load: UPS quarterly dividend up (only) ~1%

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)