United Parcel Service, Inc. (UPS) To Go Ex-Dividend on February 17th

United Parcel Service, Inc. (NYSE:UPS) announced a quarterly dividend on Tuesday, January 27th. Investors of record on Tuesday, February 17th will be paid a dividend of 1.64 per share by the transportation company on Thursday, March 5th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Tuesday, February 17th.

United Parcel Service has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 16 consecutive years. United Parcel Service has a dividend 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 tumble. Equities analysts expect United Parcel Service to earn $8.77 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 74.8%.

United Parcel Service Price Performance

Shares of UPS opened at $103.77 on Thursday. The stock has a market cap of $88.03 billion, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 2.32 and a beta of 1.11. United Parcel Service has a 1 year low of $82.00 and a 1 year high of $136.58. The stock’s 50-day moving average price is $101.23 and its two-hundred day moving average price is $93.47. The company has a current ratio of 1.22, a quick ratio of 1.30 and a debt-to-equity ratio of 1.45.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.18. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The business had revenue of $24.50 billion for the quarter, compared to the consensus estimate of $23.91 billion. During the same period last year, the company posted $2.75 EPS. United Parcel Service’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, equities analysts predict that United Parcel Service will post 7.95 earnings per share for the current year.

Insider Buying and Selling at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 25,014 shares of United Parcel Service stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total value of $2,655,236.10. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.13% of the stock is owned by insiders.

Institutional Investors Weigh In On United Parcel Service

A number of institutional investors and hedge funds have recently made changes to their positions in UPS. Calamos Wealth Management LLC increased its holdings in United Parcel Service by 8.8% during the fourth quarter. Calamos Wealth Management LLC now owns 4,822 shares of the transportation company’s stock worth $478,000 after buying an additional 390 shares during the last quarter. Dupree Financial Group LLC increased its stake in shares of United Parcel Service by 192.1% during the 4th quarter. Dupree Financial Group LLC now owns 104,383 shares of the transportation company’s stock worth $10,354,000 after purchasing an additional 68,643 shares during the last quarter. Mendel Money Management raised its holdings in shares of United Parcel Service by 20.6% in the 4th quarter. Mendel Money Management now owns 13,795 shares of the transportation company’s stock valued at $1,368,000 after purchasing an additional 2,357 shares during the period. TBH Global Asset Management LLC acquired a new stake in United Parcel Service in the 4th quarter valued at about $332,000. Finally, NBC Securities Inc. grew its holdings in United Parcel Service by 7.6% during the fourth quarter. NBC Securities Inc. now owns 6,195 shares of the transportation company’s stock worth $615,000 after purchasing an additional 439 shares during the period. Institutional investors own 60.26% of the company’s stock.

About United Parcel Service

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.