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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| United Parcel Service | NYSE:UPS | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.01 | -0.68% | 147.545 | 148.215 | 146.655 | 147.62 | 1,072,733 | 19:57:03 |
From Apr 2019 to Apr 2024
By Maria Armental
FedEx Corp. boosted its quarterly dividend by 25% as it seeks to increase returns to shareholders amid an acquisition push.
The 25-cent dividend will be paid out on July 2.
The world's largest international air shipping company by revenue has reported better results in recent quarters, following cost-cutting at its largest segment, air express, and bolstered by lower fuel costs.
In April, FedEx agreed to buy Dutch package-delivery company TNT Express NV for $4.8 billion. If the merger were completed, FedEx would become the region's third-largest international express-delivery package carrier, behind DHL and United Parcel Service Inc.
FedEx shares closed at $179.89 on Monday, up 26% over the past 12 months.
Write to Maria Armental at maria.armental@wsj.com
Access Investor Kit for TNT Express NV
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=NL0009739424
Access Investor Kit for FedEx Corp.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US31428X1063
Access Investor Kit for TNT Express NV
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US87262N1090
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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