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The Latest UPS Headlines
UPS's Massive Dividend Raise Reflects Strength
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<blockquote data-quote="cheryl" data-source="post: 5204195" data-attributes="member: 1"><p><h3><a href="https://finance.yahoo.com/news/upss-massive-dividend-raise-reflects-171533729.html" target="_blank">UPS's Massive Dividend Raise Reflects Strength - Yahoo</a></h3><p></p><p>At the beginning of February, United Parcel Service Inc. (NYSE:UPS) announced that it was raising its quarterly dividend by 49%. This is one of the largest increases this year amongst the big-cap names in the market.</p><p></p><p>Its not like UPS is just beginning its dividend growth streak or is starting from a low base. The company has raised its dividend for 13 consecutive years, with a compound annual growth rate (CAGR) of nearly 7% over the last decade.</p><p></p><p>Lets take a closer look at why the company feels that such an increase at this time was warranted.</p></blockquote><p></p>
[QUOTE="cheryl, post: 5204195, member: 1"] [HEADING=2][URL='https://finance.yahoo.com/news/upss-massive-dividend-raise-reflects-171533729.html']UPS's Massive Dividend Raise Reflects Strength - Yahoo[/URL][/HEADING] At the beginning of February, United Parcel Service Inc. (NYSE:UPS) announced that it was raising its quarterly dividend by 49%. This is one of the largest increases this year amongst the big-cap names in the market. Its not like UPS is just beginning its dividend growth streak or is starting from a low base. The company has raised its dividend for 13 consecutive years, with a compound annual growth rate (CAGR) of nearly 7% over the last decade. Lets take a closer look at why the company feels that such an increase at this time was warranted. [/QUOTE]
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