The UPS raised its quarterly dividend 8.1%

Beijing morning news on February 14th, American United Parcel Service Corporation (United Parcel Service Inc., UPS) raised its 8.1% dividend. This is the increase in the courier company for third consecutive years to 5 cents per share its quarterly dividend.
New dividend will reach an annual $2.68 per share, which will bring additional expenditure of $186000000 a year to the company. Since the last time did not raise the dividend in 2009, the company annually increase the dividend rate is quite consistent. UPS said that since 2000, the dividend has been increased over three times.
In the increasing dividend before the Christmas holidays, the service, the UPS last month announced fourth quarter results below market expectations. In this regard, UPS paid a great effort, which plans to invest some hub extension to handle more package.
MYEX Minya Express International
2014-02-17