July 23, 2013
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Atlanta, February 04, 2010
The UPS (NYSE:UPS) Board of Directors today increased the regular quarterly dividend to $0.47 per share from $0.45 on all outstanding Class A and Class B shares. The dividend is payable March 3, 2010, to shareholders of record on Feb. 16, 2010.
"UPS has demonstrated a consistent ability to generate significant free cash flow," said UPS Chairman and CEO Scott Davis. "Our outlook for a gradual economic recovery and the expectation of strong performance in 2010 justifies this dividend increase."
UPS's dividend has more than doubled since February 2003. The company has either increased or maintained its dividend every year for four decades.
To ask about this press release, contact:UPS Public Relations 404-828-7593 UPS Investor Relations 404-828-8901 |