Why UPS Stock Really Delivered for Shareholders Today

(NYSE: UPS) dropped a package of share-price growth on its investors' doorsteps Thursday. These folks were cheered by the latest stockholder remuneration from their company, and expressed their gratitude by trading the shares 1.6% higher.

UPS declared its latest set of quarterly stockholder dividends: $1.62 per each of the company's Class A and Class B shares. Investors hoping to hop on the stock in order to grab that payout need to be quick, though, as the ex-dividend date isn't far away: Both disbursements will be paid to investors of record as of Nov. 13.

While existing investors were surely glad to hear the news, it was entirely expected. UPS is a reliable dividend payer, with a streak of regular distributions stretching back for decades.

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Source Fool.com