FedEx declares quarterly dividend of $1.45 per share

MEMPHIS - FedEx Corp. (NYSE:FDX) announced Thursday that its Board of Directors has declared a quarterly cash dividend of $1.45 per share on the company’s common stock. The company has maintained dividend payments for 24 consecutive years and raised them for the past 4 years, with the current yield standing at 2.56%.

The dividend will be payable on October 1, 2025, to stockholders of record at the close of business on September 8, 2025, according to a press release statement.

The transportation and logistics company maintained its dividend at the same level as previous quarters, in what it described as alignment with its "continued focus on delivering stockholder value."

FedEx, which reported annual revenue of $88 billion, provides transportation, e-commerce and business services globally. The company employs more than 500,000 people across its operations.

The Memphis-based corporation offers integrated business solutions through its global network and has set a goal to achieve carbon-neutral operations by 2040. Discover more detailed insights and analysis about FedEx’s financial health and growth prospects in the comprehensive Pro Research Report, available exclusively on InvestingPro.

In other recent news, FedEx reported its fourth-quarter adjusted earnings per share at $6.07, surpassing the consensus estimate of $5.81 and market expectations of around $5.60. However, the company’s first-quarter fiscal 2026 earnings guidance of $3.40-$4.00 per share fell short of previous forecasts, with Evercore ISI highlighting trade headwinds and tariff-related uncertainties as contributing factors. Despite these challenges, JPMorgan maintained an Overweight rating and a $290 price target, noting FedEx’s unusual decision to withhold full-year guidance for the first time since fiscal 2021.

In analyst updates, UBS lowered its price target for FedEx to $297 from $311, maintaining a Buy rating due to concerns over visibility. Evercore ISI also adjusted its price target down to $249 from $259, while still rating the stock as Outperform. In other developments, FedEx resumed its services to and from Israel on June 27 after a temporary suspension due to flight safety risks amid regional tensions.

Additionally, FedEx announced the departure of Sriram Krishnasamy from his roles as Executive Vice President, Chief Digital and Information Officer, and Chief Transformation Officer. Krishnasamy will remain with the company as an Executive Advisor until October 31, 2025, or an earlier agreed-upon date. Details regarding his departure are still being finalized and will be reported in an amended filing.

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