United Parcel Service, Inc. (NYSE:UPS) Plans 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 annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, November 16th.

United Parcel Service has raised its dividend payment 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 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. Equities 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 Stock Up 4.7%

UPS stock opened at $114.29 on Thursday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.24. The company has a market cap of $97.24 billion, a price-to-earnings ratio of 21.98, a P/E/G ratio of 1.96 and a beta of 0.98. The business’s 50-day moving average is $99.65 and its two-hundred day moving average is $104.68. United Parcel Service has a fifty-two week low of $90.84 and a fifty-two week high of $122.41.

United Parcel Service (NYSE:UPS) last announced its earnings results on Wednesday, November 4th. The transportation company reported $1.69 earnings per share (EPS) for the quarter. United Parcel Service had a net margin of 4.84% and a return on equity of 37.78%. The company had revenue of $22.85 billion during the quarter. As a group, analysts forecast that United Parcel Service will post 7.28 earnings per share for the current 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.