UPS Hikes Payout

 UPS On the heels of a solid fourth quarter, United Parcel Service (NYSE: UPS – $94.54) has declared a quarterly dividend of $0.78 per share, a 7% increase from the prior dividend of $0.73. The annual payout for UPS shareholders will now equal $3.12 per share yielding 3.3% at current quotations. The dividend is payable on March 9 to shareholders of record as of February 22.

UPS

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