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UPS Partners
Welcome new CEO - Carol Tome'
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<blockquote data-quote="j13501" data-source="post: 4581640" data-attributes="member: 918"><p>This was announced yesterday:</p><p></p><p><em>ATLANTA , Aug. 12, 2020 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS ) Board of Directors today declared a regular quarterly dividend of $1.01 per share on all outstanding Class A and Class B shares. The dividend is payable on September 9, 2020 to shareowners of record on August 24, 2020 .</em> </p><p></p><p>This announcement keeps the dividend the same as the last two quarters. It appears that she is taking a prudent path and waiting until next year. Traditionally, the board raises the dividend approximately 5% - 9% in the first quarter of each year. With the large amount of growth in residential deliveries right now, it's smart to keep working capital available for more vehicles, building expansions and equipment.</p></blockquote><p></p>
[QUOTE="j13501, post: 4581640, member: 918"] This was announced yesterday: [I]ATLANTA , Aug. 12, 2020 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS ) Board of Directors today declared a regular quarterly dividend of $1.01 per share on all outstanding Class A and Class B shares. The dividend is payable on September 9, 2020 to shareowners of record on August 24, 2020 .[/I] This announcement keeps the dividend the same as the last two quarters. It appears that she is taking a prudent path and waiting until next year. Traditionally, the board raises the dividend approximately 5% - 9% in the first quarter of each year. With the large amount of growth in residential deliveries right now, it's smart to keep working capital available for more vehicles, building expansions and equipment. [/QUOTE]
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