Here's How Many Shares of UPS You Should Own to Get $1,000 in Yearly Dividends

Dividend Payments - United Parcel Service (UPS) has consistently paid dividends for over 25 years, with a recent increase in its quarterly payout to $1.64 per share [1][4] - The annual dividend amounts to $6.56 per share, requiring ownership of 153 shares to receive $1,000 in yearly payments, translating to an investment of approximately $15,300 at the stock price of $100.12 [4] Financial Performance - In the previous year, UPS generated free cash flow (FCF) of $6.2 billion, while dividends paid amounted to $5.4 billion, indicating a healthy cash flow situation [2] - For the current year, management anticipates FCF of $5.7 billion against expected dividends of $5.5 billion, suggesting a narrowing cushion for sustaining dividend payments [2][3] Dividend Yield - UPS offers a dividend yield of 6.6%, significantly higher than the S&P 500's yield of 1.3%, making it an attractive option for income-focused investors [5]