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MEMPHIS - FedEx Corp. (NYSE:FDX) announced Friday that its Board of Directors has declared a quarterly cash dividend of $1.45 per share on the company’s common stock. This continues the company’s impressive 24-year streak of consistent dividend payments, with the current annual dividend of $5.80 per share yielding 2.2%, according to InvestingPro data.
The dividend will be payable on January 6, 2026, to stockholders of record at the close of business on December 15, 2025, according to a press release statement from the transportation and logistics company.
FedEx described the dividend as being "in line with the company’s continued focus on delivering stockholder value."
The Memphis-based corporation provides transportation, e-commerce and business services globally, generating annual revenue of $89 billion. The company employs more than 500,000 people worldwide and operates an integrated global network serving customers and businesses.
FedEx has previously stated its commitment to achieving carbon-neutral operations by 2040 as part of its environmental initiatives.
In other recent news, FedEx Corp. anticipates profit growth in its current fiscal second quarter, projecting adjusted earnings to surpass last year’s $4.05 per share, exceeding the average analyst estimate of $4.02 per share. This development is expected to ease concerns over the holiday shipping season. Additionally, FedEx Dataworks has partnered with ServiceNow to enhance global supply chains using artificial intelligence and data analytics, aiming to optimize operations and anticipate disruptions. On the analyst front, Stifel has raised FedEx’s stock price target to $297, maintaining a Buy rating, citing transformative initiatives like the DRIVE cost optimization program and the integration of Ground and Express networks. UBS also reiterated its Buy rating with a price target of $314, following discussions with FedEx’s leadership about strategic priorities. Meanwhile, BofA Securities increased its price target to $285 from $270, maintaining a Neutral rating after a meeting with FedEx’s executive team. These recent developments highlight FedEx’s ongoing strategic efforts and positive outlook for the coming quarters.
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