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Atlanta, May 12, 2021 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.02 per share on all outstanding Class A and Class B shares. The dividend is payable June 9, 2021 to shareowners of record on May 24, 2021. Commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. UPS has either maintained or increased its dividend each year since going public in 1999. About UPS UPS (NYSE: UPS) is one of the world’s largest package delivery companies with 2020 revenue of $84.6 billion, and provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. The company’s more than 540,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. UPS also takes a strong and unwavering stance in support of diversity, equality, and inclusion. The company can be found on the Internet at www.ups.com, with more information at www.pressroom.ups.com and www.investors.ups.com. CONTACT: Contacts:UPS Media Relations 404-828-7123 firstname.lastname@example.org UPS Investor Relations 404-828-6059 (Option 2) Investor@ups.com
UPS (NYSE: UPS) stock has posted gains recently that could make some investors faint. UPS is demonstrating that it has the ability to significantly grow earnings and free cash flow (FCF) for many years to come. The bull and bear debate around UPS, and FedEx (NYSE: FDX) for that matter, has centered around their ability to grow earnings margin and FCF even with burgeoning business-to-consumer (B2C) e-commerce volumes.