United Parcel Service, Inc. (UPS) to Distribute Quarterly Dividend of $1.64 on September 3rd

United Parcel Service, Inc. (NYSE:UPS) declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Monday, August 17th will be given a dividend of 1.64 per share by the transportation company on Thursday, September 3rd. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Monday, August 17th.

United Parcel Service has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 16 consecutive years. United Parcel Service has a 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 fall. Analysts expect United Parcel Service to earn $7.93 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 82.7%.

United Parcel Service Trading Down 4.1%

Shares of UPS stock opened at $103.24 on Friday. United Parcel Service has a fifty-two week low of $82.00 and a fifty-two week high of $122.41. The company has a 50 day moving average price of $109.38 and a 200 day moving average price of $106.63. The stock has a market capitalization of $87.76 billion, a P/E ratio of 19.19, a price-to-earnings-growth ratio of 1.95 and a beta of 1.06. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.21 and a current ratio of 1.18.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.11. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The company had revenue of $22.83 billion for the quarter, compared to analyst estimates of $21.86 billion. During the same period in the prior year, the business earned $1.55 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Equities research analysts predict that United Parcel Service will post 7.21 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UPS has been the subject of a number of recent research reports. UBS Group lifted their target price on United Parcel Service from $123.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Citigroup increased their price target on United Parcel Service from $127.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Stephens decreased their price objective on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Sanford C. Bernstein boosted their price objective on United Parcel Service from $130.00 to $133.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Finally, Oppenheimer upped their target price on shares of United Parcel Service from $115.00 to $117.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $117.41.

About United Parcel Service

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.