Is UPS Stock Worth a Bet on Its Industry-Beating Dividend Yield?
UPS(UPS) ZACKS·2024-11-25 19:20
United Parcel Service (UPS) offers a current dividend yield of 4.8% compared with the industry’s 3.5%. The transportation company’s above-industry dividend yield is a huge positive for income-seeking investors. This highlights confidence in its cash flow and prospects. Image Source: Zacks Investment Research UPS has hiked its dividend five times in the past five years. This is encouraging, as stocks with a strong year-over-year dividend growth history often offer a greater scope of capital appreciation tha ...