FedEx Corporation (FDX) will start paying a quarterly dividend of $0.05 per share in 2002. The first ever dividend will be paid on July 8, 2002 to shareholders of record on June 17, 2002. The annual dividend of $0.20 per share yields 0.4% based on the current stock price of $53.95.
FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. The Company's segments include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services.