United Parcel Service, Inc. (NYSE:UPS) Announces Quarterly Dividend of $1.64

United Parcel Service, Inc. (NYSE:UPS) announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Monday, August 17th will be given a dividend of 1.64 per share by the transportation company on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, August 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 every year for the last 16 years. United Parcel Service has a 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 fall. Equities research analysts expect United Parcel Service to earn $7.93 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 82.7%.

United Parcel Service Stock Performance

Shares of UPS stock opened at $107.74 on Thursday. United Parcel Service has a 12 month low of $82.00 and a 12 month high of $122.41. The firm’s 50 day moving average is $109.44 and its 200 day moving average is $106.66. The company has a current ratio of 1.18, a quick ratio of 1.21 and a debt-to-equity ratio of 1.58. The stock has a market capitalization of $91.58 billion, a P/E ratio of 20.03, a PEG ratio of 1.97 and a beta of 1.06.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.11. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The company had revenue of $22.83 billion during the quarter, compared to analysts’ expectations of $21.86 billion. During the same period in the previous year, the business earned $1.55 earnings per share. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. On average, sell-side analysts anticipate that United Parcel Service will post 7.21 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in United Parcel Service by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock valued at $6,794,160,000 after buying an additional 1,218,432 shares during the period. State Street Corp boosted its holdings in United Parcel Service by 3.3% in the 4th quarter. State Street Corp now owns 32,092,627 shares of the transportation company’s stock worth $3,183,268,000 after buying an additional 1,029,377 shares during the period. Charles Schwab Investment Management Inc. increased its stake in United Parcel Service by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 27,142,759 shares of the transportation company’s stock worth $2,692,290,000 after buying an additional 856,125 shares in the last quarter. Geode Capital Management LLC raised its holdings in United Parcel Service by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 17,154,091 shares of the transportation company’s stock valued at $1,703,291,000 after acquiring an additional 240,253 shares during the period. Finally, Victory Capital Management Inc. lifted its position in shares of United Parcel Service by 72.9% in the fourth quarter. Victory Capital Management Inc. now owns 13,818,314 shares of the transportation company’s stock valued at $1,370,639,000 after acquiring an additional 5,826,824 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Company Profile

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.