UPS Board Announces Quarterly Dividend
August 05 2016 - 4:15PM
The UPS (NYSE: UPS) Board of Directors today declared a regular
quarterly dividend of $0.78 per share on all outstanding Class A
and Class B shares.
The dividend is payable August 31, 2016, to shareowners of
record on August 16, 2016.
Earlier this year, the UPS Board increased the regular quarterly
dividend to the current level of $0.78 per share. UPS has a long
history of its commitment to cash dividends. The company has either
increased or maintained its cash dividend every year for 47 years.
Since 2000, its dividend has more than quadrupled.
About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a
broad range of solutions including transporting packages and
freight; facilitating international trade, and deploying advanced
technology to more efficiently manage the world of business.
Headquartered in Atlanta, UPS serves more than 220 countries and
territories worldwide. The company can be found on the web at
ups.com® and its corporate blog can be found at longitudes.ups.com.
To get UPS news direct, visit pressroom.ups.com/RSS.
# # #
Except for historical information contained herein, the
statements made in this release constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from our historical experience and our present expectations or
anticipated results. These risks and uncertainties include, but are
not limited to: general economic conditions, both in the U.S. and
internationally; significant competition on a local, regional,
national, and international basis; changes in our relationships
with our significant customers; the existing complex and stringent
regulation in the U.S. and internationally, changes to which can
impact our business; increased security requirements that may
increase our costs of operations and reduce operating efficiencies;
legal, regulatory or market responses to global climate change;
negotiation and ratification of labor contracts; strikes, work
stoppages and slowdowns by our employees; the effects of changing
prices of energy, including gasoline, diesel and jet fuel, and
interruptions in supplies of these commodities; changes in exchange
rates or interest rates; our ability to maintain the image of our
brand; breaches in data security; disruptions to the Internet or
our technology infrastructure; our ability to accurately forecast
our future capital investment needs; exposure to changing economic,
political and social developments in international and emerging
markets; changes in business strategy, government regulations, or
economic or market conditions that may result in substantial
impairment of our assets; increases in our expenses or funding
obligations relating to employee health, retiree health and/or
pension benefits; the potential for various claims and litigation
related to labor and employment, personal injury, property damage,
business practices, environmental liability and other matters; our
ability to realize the anticipated benefits from acquisitions,
joint ventures or strategic alliances; our ability to manage
insurance and claims expenses; and other risks discussed in our
filings with the Securities and Exchange Commission from time to
time, including our Annual Report on Form 10-K for the year ended
December 31, 2015, or described from time to time in our
future reports filed with the Securities and Exchange Commission.
You should consider the limitations on, and risks associated with,
forward-looking statements and not unduly rely on the accuracy of
predictions contained in such forward-looking statements. We do not
undertake any obligation to update forward-looking statements to
reflect events, circumstances, changes in expectations, or the
occurrence of unanticipated events after the date of those
statements.
Glenn Zaccara, Public Relations
404-828-4663
Scott Childress, Investor Relations
404-828-7957
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