United Parcel Service As of February 16, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
UPS $4.08 1.0% 5.2% 5.5%
Business yield Hike yrs 5 yr CAGR freq. paid since
Package Delivery 2.5% 12 5.5% Quarter 1969
1 views
UPS logo © United Parcel Service, Inc.
UPS logo © United Parcel Service, Inc.

United Parcel Service Inc. (UPS) will raise its quarterly dividend by 1.0 percent to $1.02 per share in 2021. This follows a dividend hike of 5.2 percent to $1.01 per share in the first quarter of 2020 and marks the 12th consecutive year of dividend increases by the package delivery company.

The increased dividend payable March 10, 2021 to shareowners of record on February 22, 2021. The new annual dividend rate of $4.08 per share yields 2.5% at a stock price of $163.39.

In the press release announcing this new dividend hike UPS states that commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. UPS has either maintained or increased its dividend each year since going public in 1999.

United Parcel Service, Inc. (UPS) is a package delivery company. The company offers a spectrum of the United States domestic guaranteed ground and air package transportation services. The International Package segment includes the small package operations in Europe, Asia-Pacific, Canada and Latin America, the Indian sub-continent, the Middle East and Africa. UPS was founded in 1907 as a messenger company in the United States. The company had its IPO in 1999 and has paid a dividend every year since 1969.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Mar 08 PEG 3.4% 0.0%
Mar 09 MGM 0.0% 0.0%
Mar 09 CI 2.0% 9900.0%
Mar 09 CME 1.9% 5.9%
Mar 09 OXY 0.2% 0.0%
Mar 09 VFC 2.4% 0.0%
Mar 09 HPQ 2.9% 0.0%
Mar 09 ANTM 1.6% 18.9%
Mar 09 TRV 2.3% 0.0%
Mar 09 FOX 1.4% 0.0%