FedEx Corporation (FDX) will raise its quarterly dividend by 10 percent to $0.11 per share in 2008. Last year the company hiked its dividend by one cent to $0.10 per share quarterly.
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.