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Data last updated: Oct 17, 2026
Snapshot (as of Oct 17, 2026): United Parcel Service, Inc. (UPS) pays a $6.56 annual dividend ($1.64 quarterly), yielding 6.71% at $97.48/share. Next ex-dividend date 2026-08-17. 25+ consecutive years of dividend growth (Dividend Aristocrat). Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 6.71%
Annual Dividend: $6.56 per share
Payout Ratio: 121.9%
Ex-Dividend Date: 2026-08-17
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 28
United Parcel Service, Inc. dividend investors are looking at one of the most recognized names in global package delivery, a company founded in 1907 that moves express letters, freight, and e-commerce shipments across the U.S. and internationally. UPS currently pays a 6.64% dividend yield, placing it firmly in high-yield territory. Shareholders receive $6.56 per share annually in quarterly payments, with the next ex-dividend date set for August 17, 2026. As a Dividend Aristocrat with 25 consecutive years of increases, UPS suits income-focused investors who prioritize yield, though a beta of 1.038 means the stock moves roughly in line with the broader market.
United Parcel Service, Inc. pays out 118.4% of earnings as dividends, a payout ratio classified as high (above 75%). A payout ratio above 100% means current earnings alone do not fully cover the dividend, which is the central concern for United Parcel Service, Inc. dividend safety. The company's operations span U.S. domestic package delivery, international small package services across Europe, Asia, and Latin America, plus healthcare logistics and contract services, but the data shows earnings are not keeping pace with the current $6.56 annual rate, and that gap is the most significant pressure point on the dividend.
United Parcel Service, Inc. dividend history shows a CAGR of 8.6% per year from 2011 to 2025. The per-share payment grew from $2.08 to $6.56 over that period (2026 data is partial and excluded from this calculation). The smallest annual increase in the window was 0.6% in 2024, a sharp deceleration from the 49.0% jump recorded in 2022, and a signal that growth has slowed materially in recent years.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +2.6% | $6.08 (2022) | $6.56 (2025) |
| 5-Year | +10.2% | $4.04 (2020) | $6.56 (2025) |
| 10-Year | +8.4% | $2.92 (2015) | $6.56 (2025) |
UPS fits dividend investors who prioritize current income over dividend growth. The yield sits at 6.64%, high (above 4%) and above the 5-year average of 6.02%, which reflects a stock where income is the primary draw. Twenty-five consecutive years of increases earn UPS its Dividend Aristocrat status, but the 0.6% raise in 2024 shows that streak is being maintained at a minimal pace. The trade-off is straightforward: investors get a high current yield backed by a long increase streak, but the 118.4% payout ratio means the dividend is not comfortably covered by earnings at this time.
UPS is a Dividend Aristocrat with 25 consecutive years of dividend increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-17 | $1.6400 |
| 2026-05-18 | $1.6400 |
| 2026-02-17 | $1.6400 |
| 2025-11-17 | $1.6400 |
| 2025-08-18 | $1.6400 |
| 2025-05-19 | $1.6400 |
| 2025-02-18 | $1.6400 |
| 2024-11-18 | $1.6300 |
| 2024-08-19 | $1.6300 |
| 2024-05-10 | $1.6300 |
| Year | Total Dividends |
|---|---|
| 2026 | $4.9200 |
| 2025 | $6.5600 |
| 2024 | $6.5200 |
| 2023 | $6.4800 |
| 2022 | $6.0800 |
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