United Parcel Service (NYSE: UPS): A Reliable Dividend Stock with 15 Consecutive Years of Dividend Increases

Saturday, 4 May 2024, 15:02

Discover why United Parcel Service (UPS) is a buy now with its 4.4% dividend yield and continuous dividend growth for 15 years. UPS faces challenges but has a clear strategy to improve earnings and margins through healthcare expansion. Read on to learn about UPS' three-year plan and why it presents a compelling investment opportunity for value, passive income, and future growth.
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United Parcel Service (NYSE: UPS): A Reliable Dividend Stock with 15 Consecutive Years of Dividend Increases

What Makes UPS Stand Out?

This industry-leading company is worth buying now for its high yield and track record of dividend increases.

UPS Dividend Outlook

  • Reliable Payout: UPS targets a 50% payout ratio and aims to grow earnings to support dividend increases.
  • Dividend Growth: UPS has increased its dividend for 15 consecutive years, with a recent 49% raise.

UPS' Expansion Strategy

  1. Healthcare Focus: UPS plans to double healthcare revenue by 2026 through strategic initiatives and margin growth.
  2. Financial Goals: UPS aims for $108-$114 billion in revenue by 2026, supporting dividend sustainability.

While challenges remain, UPS' dividend yield, growth potential, and value proposition make it an attractive investment.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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