Is UPS the Best Dividend Stock?
UPS' (NYSE: UPS) current forward dividend yield of around 4.4% is highly attractive for income-seeking investors, but is the payout sustainable? The company's earnings have disappointed recently, and the dividend cover looks pretty thin in 2024. Is UPS a stock for dividend hunters to buy? Here's what you need to know before buying the stock.
The company's trailing-12-month dividend cost it about $5.4 billion, and as you can see below, following a disappointing 2023, its free cash flow (FCF) per share didn't cover its dividend last year. Clearly, that's not a sustainable situation, and investors should buy UPS stock more for where the company is going than where it just came from.
Source Fool.com
United Parcel Service Inc. Aktie
114,66 €
0,05 %
Positive Stimmung für United Parcel Service Inc. mit mehreren Buy- gegenüber Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 157 € für United Parcel Service Inc. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 114.66 €.
