
Is it time to buy UPS for its 6.7%-yielding dividend?
âĒBy ADMIN
Related Stocks:UPS
United Parcel Service (UPS) is capturing attention in the dividendâhunting world thanks to its elevated ~6.7% yield â far above the average for companies in the S&P 500.
The catch? UPS has weathered some rough patches recently. In its most recent quarter, revenue slipped by 3.7% and adjusted EPS dipped 1.1%. Still, the company is showing signs of a turnaround: costâcutting measures are in motion, and management is confident in the dividendâs sustainability despite the elevated payout ratio.
For investors with an appetite for risk, UPSâs current share price and high yield may represent a compelling entry point â but caution is advised given the uncertainty around earnings and industry headwinds.
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