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.
Source Fool.com
United Parcel Service Inc. Stock
With 19 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 157 € shows a positive potential of 36.59% compared to the current price of 114.94 € for United Parcel Service Inc..
