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Want $1,000 in Dividend Income? Here's How Much You Have to Invest in UPS Stock to Get It
UPSUPS(UPS) The Motley Fool·2024-06-05 13:26

The package delivery giant isn't firing on all cylinders right now, but its stock does offer a compelling dividend.United Parcel Service (UPS -2.02%) stock currently offers a compelling 4.7% dividend yield. Based on that yield, an investment of 21,276inthestockwouldbuyalmost157sharesthatwouldgenerateroughly21,276 in the stock would buy almost 157 shares that would generate roughly 1,000 in annual income in 2024. That's a pretty decent return all by itself.There's also potential for UPS' stock to appreciate if this multinational shipping & receiving and supply chain m ...