United Parcel Service, Inc. (NYSE:UPS) Updates On Dividend Release Date


On 2016-08-08, United Parcel Service, Inc. (NYSE:UPS) confirmed the dividend disbursement of $0.78 a share to shareholders as on record 2016-08-16. The firm will release dividend on 2016-08-31 while ex-dividend date is reported to be 2016-08-12.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, United Parcel Service, Inc. (NYSE:UPS) paid a total of $0.78 per share in dividends. This figure stood at $0.78 a share in the same period a year ago indicating a deviation of 8.9552%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $109.909 on the stock. This figure is the average of recommendations offered by 11 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $120 and $91, respectively.

Taking the mathematical rating formula, the price for United Parcel Service, Inc. (NYSE:UPS) stands at 2.33. Earnings Review United Parcel Service, Inc. (NYSE:UPS) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $1.43.

Coming to the quarter ending on 2015-12-31, United Parcel Service, Inc. (NYSE:UPS) recorded EPS of $1.43. The reported numbers came lower than the analysts’ estimates of $1.43, demonstrating a miss of $0 as against reported figures.

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