Category: UPS Press Release

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.

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.

Putting equity at the center of all we do

The UPS Foundation is celebrating 70 years of giving, and we’re marking the occasion by reframing its vision to address today’s most persistent problems. With a bold goal to positively impact one billion lives by 2040, equity is now at the center of The Foundation’s four focus areas:

• Health & Humanitarian Relief
• Equity & Economic Empowerment
• Local Community Engagement
• Planet Protection

UPS is deeply committed to community involvement – especially in times of crisis – delivering hope and helping people in need. Around the world, our employees and The UPS Foundation gave $122.3 million last year. And most recently in the U.S., UPSers donated more than $44 million to the United Way. In the midst of a global pandemic, UPSers remain committed to delivering what matters.

• Consolidated Revenues of $23.2B, Up 9.2% from Last Year
• Consolidated Operating Profit of $2.9B, Up 22.6% from Last Year; Up 23.4% on
• an Adjusted* Basis
• Diluted EPS of $2.65, Up 18.3% from Last Year; Adjusted Diluted EPS Up 18.9%
• to $2.71
• Company Raises Full-Year 2021 Financial Guidance

UPS today announced third-quarter 2021 consolidated revenue of $23.2 billion, a 9.2% increase over the third quarter of 2020. Consolidated operating profit was $2.9 billion, up 22.6% compared to the third quarter of 2020, and up 23.4% on an adjusted basis. Diluted earnings per share were $2.65 for the quarter, 18.3% above the same period in 2020, and up 18.9% on an adjusted basis.

For the third quarter of 2021, GAAP results include after-tax transformation and other charges of $54 million, equivalent to $0.06 per share. Year-to-date cash from operations was $11.8 billion, up 26.7% compared to the same period in 2020, with free cash flow of $9.3 billion, a 52.3% increase above the first nine months of 2020.

“I want to thank all UPSers for delivering what matters with great service to our customers,” said Carol Tomé, UPS chief executive officer. “The actions we are taking under our better not bigger strategic framework to improve revenue quality, enhance productivity and remain disciplined on capital allocation are driving our positive financial performance.”

Meet the UPSers driving vaccine equity and raising brand awareness

What does it mean to be a humanitarian expert on mission?

Humanitarian experts on mission, sometimes referred to as loaned executives, are deployed on short-term assignments to help solve supply chain challenges, and in the case of the pandemic, help develop cold chain proficiency in remote areas.

UPS, like many other companies, is hiring thousands – in this case, more than 100,000 employees – to help with the holiday season.

To inform what’s driving potential applicants in the U.S., UPS commissioned the 2021 Peak Hiring Survey.

Findings from the survey identified three key themes:

1. COVID-19 changed the attributes and offerings applicants seek in employment, and this is especially true among millennials.
2. Applicants are looking for more than a seasonal job; they’re looking for a job with long-term potential.
3. Offering flexible schedules can be a game changer for applicants with multiple offers in hand.