United Parcel Service, Inc. (NYSE:UPS) Declares Quarterly Dividend of $1.64

United Parcel Service, Inc. (NYSE:UPS) declared a quarterly dividend on Wednesday, November 4th. Stockholders of record on Monday, November 16th will be given a dividend of $1.64 per share by the transportation company on Thursday, December 3rd. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, November 16th.

United Parcel Service has increased its dividend by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 16 years. United Parcel Service has a dividend payout ratio of 82.7% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Research analysts expect United Parcel Service to earn $8.00 per share next year, which means the company should continue to be able to cover its $6.56 annual dividend with an expected future payout ratio of 82.0%.

United Parcel Service Price Performance

UPS stock opened at $114.29 on Thursday. United Parcel Service has a 52 week low of $90.84 and a 52 week high of $122.41. The company has a quick ratio of 1.18, a current ratio of 1.24 and a debt-to-equity ratio of 1.67. The company has a fifty day simple moving average of $99.65 and a two-hundred day simple moving average of $104.68. The firm has a market capitalization of $97.24 billion, a P/E ratio of 21.98, a price-to-earnings-growth ratio of 1.96 and a beta of 0.98.

United Parcel Service (NYSE:UPS) last released its earnings results on Wednesday, November 4th. The transportation company reported $1.69 earnings per share for the quarter. United Parcel Service had a return on equity of 37.78% and a net margin of 4.84%. The firm had revenue of $22.85 billion for the quarter. Analysts anticipate that United Parcel Service will post 7.28 earnings per share for the current fiscal year.

United Parcel Service Company Profile

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.