UPS announces quarterly dividend of $1.64 per share

Published 07/05/2025, 22:48
© Reuters.

ATLANTA - United Parcel Service Inc. (NYSE: UPS) has declared a regular quarterly dividend of $1.64 per share for its Class A and Class B shares, offering an attractive 6.98% yield, consistent with its long-standing policy of shareholder returns. The dividend is slated for distribution on June 5, 2025, to shareholders who are on record as of May 19, 2025. According to InvestingPro, UPS has maintained dividend payments for 27 consecutive years, with 15 straight years of increases.

This announcement reflects UPS’s commitment to its dividend policy, which has been a key aspect of its financial strategy since the company went public in 1999. Throughout the years, UPS has consistently maintained or increased its dividend, underscoring the company’s financial health and dedication to delivering value to its shareholders. Trading at a P/E ratio of 13.7 and near its 52-week low, InvestingPro analysis suggests the stock is currently undervalued, presenting a potential opportunity for value investors.

UPS stands as one of the largest global companies, with reported revenues reaching $91.1 billion in 2024. The company operates in over 200 countries and territories, offering a wide array of integrated logistics solutions. With nearly half a million employees, UPS prioritizes customer service, workforce leadership, and innovation in its operations. Additionally, UPS emphasizes its commitment to environmental sustainability and community support as part of its broader corporate responsibilities.

The information regarding the dividend is based on a press release statement from UPS.

In other recent news, United Parcel Service (UPS) reported its first-quarter 2025 earnings, which slightly exceeded analyst expectations. The company posted an earnings per share (EPS) of $1.49, surpassing the forecasted $1.44, and revenue of $21.5 billion, just above the anticipated $21.22 billion. Despite these positive results, several analysts have revised their outlooks for UPS. HSBC downgraded UPS from Buy to Hold, slashing the price target to $105 due to anticipated declines in volumes and pricing. Loop Capital also reduced its price target to $105 while maintaining a Hold rating, reflecting concerns over declining demand and uncertainties in China.

Stifel, however, maintained a Buy rating for UPS, though it lowered the price target to $124, citing the company’s strategic shift away from Amazon and resilience in a challenging economic climate. Stephens adjusted its price target to $101, keeping an Equal Weight rating, noting the company’s efforts to realign its network and reduce workforce in response to volume declines. UPS announced significant operational changes, including plans to reduce its workforce by 20,000 positions and close 73 facilities by the end of June. These recent developments highlight UPS’s strategic maneuvers amid a fluctuating global market and ongoing trade uncertainties.

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