UPS Board Announces Quarterly Dividend
05 Novembre 2015 - 10:15PM
The UPS (NYSE: UPS) Board of Directors today declared a regular
quarterly dividend of $0.73 per share on all outstanding Class A
and Class B shares.
The dividend is payable December 2, 2015, to shareowners of
record on November 16, 2015.
Earlier this year, the UPS Board increased the regular quarterly
dividend by 9% to the current level of $0.73 per share. UPS
has a long history of its commitment to cash dividends. For more
than four decades it has either increased or maintained its
dividend. Since 2000, its dividend has more than quadrupled.
In other business, the UPS Board approved a change to increase
the mandatory retirement age for directors from age 72 to age 75,
effective immediately.
About UPS
UPS (NYSE:UPS) is a global leader in logistics, offering a broad
range of solutions for the transportation of packages and freight,
including innovative delivery options for the global consumer
market; the facilitation of international trade, and the deployment
of advanced technology to more efficiently manage the world of
business. Headquartered in Atlanta, UPS serves more than 220
countries and territories worldwide. The company can be found
on the Web at ups.com and its corporate blog can be found at
blog.ups.com. To get UPS news direct, visit
pressroom.ups.com/RSS.
Except for historical information contained herein, the
statements made in this release constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Such forward-looking statements, including statements regarding the
intent, belief or current expectations of UPS and its management
regarding the company's strategic directions, prospects and future
results, involve certain risks and uncertainties. Certain
factors may cause actual results to differ materially from those
contained in the forward-looking statements, including economic and
other conditions in the markets in which we operate, our
competitive environment, increased security requirements,
negotiation and ratification of labor contracts, strikes, work
stoppages and slowdowns, changes in energy prices, governmental
regulations and other risks discussed in the company's Form 10-K
and other filings with the Securities and Exchange Commission,
which discussions are incorporated herein by reference.
Kim Krebs, Public Relations
404-828-4404
Joe Wilkins, Investor Relations
404-828-8209
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