United Parcel Service Inc

NYSE : UPS
USA·Industrials·Transportation·Class B
$97.48
−0.97 (−0.92%)Oct 16 close
Market Cap
$82.77B
Enterprise Value
$105.66B
P/E (TTM)
18.11
P/B
5.25
Net Cash / (Debt)
−$24.02B
52-Week Range
$87 — $120
5-Year Range
$83 — $232
Avg Volume (3M)
5.64M
ListingsNYSELTSXSGOFRA
Dividend Yield (TTM)
5.05%
vs 5Y avg 4.58% · 10Y avg 3.79%
Dividend Yield (Forward)
6.73%
4 payments/yr (spacing)
Dividends / Share (TTM)
$4.92
Forward (annualized): $6.56
Payout Ratio (EPS, TTM)
121.9%
Payout Ratio (FCF, TTM)
102.3%
Dividend CAGR (3Y / 5Y / 10Y)
3Y2.6%5Y10.2%10Y8.4%
Consecutive Growth Years
16
as of 2025
Years Without a Cut
26
as of 2025
Total Shareholder Yield (TTM)
5.95%
Div 6.09% + Net buyback -0.13%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)
6.0%
Dividends 6.1% + Net buybacks −0.1%
Net Buyback (TTM)
−$117M
Gross $0 − Issuance $117M
SBC (TTM)
$115M
Share-based compensation, dilution driver
Net share-count change % / yr

Annual dividend growth

Dividend growth is decelerating (0.6% latest vs 18.7% 3-yr avg).

YearDPS (regular sum, USD)ChangeHikes
20256.56+0.6%1
20246.52+0.6%1
20236.48+6.6%1
20226.08+49.0%1
20214.08+1.0%1
20204.04+5.2%1
20193.84+5.5%1
20183.64+9.6%1
20173.32+6.4%1
20163.12+6.8%1
20152.92+9.0%1
20142.68+8.1%1
20132.48+8.8%1
20122.28+9.6%1
20112.08+10.6%1

Special dividends are excluded from these figures. Based on 107 regular payments.

Payment history (107 payments)

Δ%TypeFrequencyDeclarationRecordPay date
2026-05-18$1.640.0%Cashquarterly2026-05-062026-05-182026-06-04
2026-02-17$1.640.0%Cashquarterly2026-01-272026-02-172026-03-05
2025-11-17$1.640.0%Cashquarterly2025-11-062025-11-172025-12-04
2025-08-18$1.640.0%Cashquarterly2025-08-062025-08-182025-09-04
2025-05-19$1.640.0%Cashquarterly2025-05-072025-05-192025-06-05
2025-02-18$1.64+0.6%Cashquarterly2025-02-052025-02-182025-03-06
2024-11-18$1.630.0%Cashquarterly2024-11-062024-11-182024-12-05
2024-08-19$1.630.0%Cashquarterly2024-08-072024-08-192024-09-05
2024-05-10$1.630.0%Cashquarterly2024-05-022024-05-132024-05-30
2024-02-16$1.63+0.6%Cashquarterly2024-01-302024-02-202024-03-08
2023-11-10$1.620.0%Cashquarterly2023-11-022023-11-132023-11-30
2023-08-11$1.620.0%Cashquarterly2023-08-032023-08-142023-08-31
2023-05-12$1.620.0%Cashquarterly2023-05-032023-05-152023-06-01
2023-02-17$1.62+6.6%Cashquarterly2023-01-302023-02-212023-03-10
2022-11-10$1.520.0%Cashquarterly2022-11-022022-11-142022-12-01
2022-08-12$1.520.0%Cashquarterly2022-08-032022-08-152022-09-01
2022-05-13$1.520.0%Cashquarterly2022-05-042022-05-162022-06-02
2022-02-18$1.52+49.0%Cashquarterly2022-02-012022-02-222022-03-10
2021-11-19$1.020.0%Cashquarterly2021-11-042021-11-222021-12-08
2021-08-20$1.020.0%Cashquarterly2021-08-052021-08-232021-09-09
2021-05-21$1.020.0%Cashquarterly2021-05-122021-05-242021-06-09
2021-02-19$1.02+1.0%Cashquarterly2021-02-102021-02-222021-03-10
2020-11-12$1.010.0%Cashquarterly2020-11-022020-11-132020-12-03
2020-08-21$1.010.0%Cashquarterly2020-08-122020-08-242020-09-09
2020-05-22$1.010.0%Cashquarterly2020-05-142020-05-262020-06-10
2020-02-24$1.01+5.2%Cashquarterly2020-02-132020-02-252020-03-10
2019-11-15$0.960.0%Cashquarterly2019-11-072019-11-182019-12-04
2019-08-16$0.960.0%Cashquarterly2019-08-082019-08-192019-09-04
2019-05-17$0.960.0%Cashquarterly2019-05-092019-05-202019-06-05
2019-02-25$0.96+5.5%Cashquarterly2019-02-152019-02-262019-03-12
2018-11-16$0.910.0%Cashquarterly2018-11-082018-11-192018-12-05
2018-08-17$0.910.0%Cashquarterly2018-08-092018-08-202018-09-05
2018-05-18$0.910.0%Cashquarterly2018-05-102018-05-212018-06-06
2018-02-16$0.91+9.6%Cashquarterly2018-02-092018-02-202018-03-07
2017-11-10$0.830.0%Cashquarterly2017-11-022017-11-132017-11-29
2017-08-10$0.830.0%Cashquarterly2017-08-032017-08-142017-08-30
2017-05-11$0.830.0%Cashquarterly2017-05-042017-05-152017-05-31
2017-02-16$0.83+6.4%Cashquarterly2017-02-082017-02-212017-03-08
2016-11-09$0.780.0%Cashquarterly2016-11-032016-11-142016-11-30
2016-08-12$0.780.0%Cashquarterly2016-08-052016-08-162016-08-31
2016-05-12$0.780.0%Cashquarterly2016-05-052016-05-162016-06-01
2016-02-18$0.78+6.8%Cashquarterly2016-02-102016-02-222016-03-09
2015-11-12$0.730.0%Cashquarterly2015-11-052015-11-162015-12-02
2015-08-13$0.730.0%Cashquarterly2015-07-302015-08-172015-09-01
2015-05-14$0.730.0%Cashquarterly2015-05-082015-05-182015-06-03
2015-02-19$0.73+9.0%Cashquarterly2015-02-112015-02-232015-03-10
2014-11-13$0.670.0%Cashquarterly2014-11-062014-11-172014-12-03
2014-08-14$0.670.0%Cashquarterly2014-08-072014-08-182014-09-03
2014-05-15$0.670.0%Cashquarterly2014-05-092014-05-192014-06-04
2014-02-20$0.67+8.1%Cashquarterly2014-02-132014-02-242014-03-11
2013-11-14$0.620.0%Cashquarterly2013-11-082013-11-182013-12-04
2013-08-15$0.620.0%Cashquarterly2013-08-082013-08-192013-09-04
2013-05-09$0.620.0%Cashquarterly2013-05-022013-05-132013-05-29
2013-02-21$0.62+8.8%Cashquarterly2013-02-142013-02-252013-03-12
2012-11-15$0.570.0%Cashquarterly2012-11-082012-11-192012-12-05
2012-08-16$0.570.0%Cashquarterly2012-08-102012-08-202012-09-05
2012-05-10$0.570.0%Cashquarterly2012-05-042012-05-142012-05-30
2012-02-16$0.57+9.6%Cashquarterly2012-02-102012-02-212012-03-07
2011-11-09$0.520.0%Cashquarterly2011-11-042011-11-142011-11-30
2011-08-18$0.520.0%Cashquarterly2011-08-122011-08-222011-09-07
2011-05-12$0.520.0%Cashquarterly2011-05-062011-05-162011-06-01
2011-02-10$0.52+10.6%Cashquarterly2011-02-042011-02-142011-03-02
2010-11-10$0.470.0%Cashquarterly2010-11-052010-11-152010-12-01
2010-08-12$0.470.0%Cashquarterly2010-08-062010-08-162010-09-01
2010-05-13$0.470.0%Cashquarterly2010-05-072010-05-172010-06-02
2010-02-11$0.47+4.4%Cashquarterly2010-02-052010-02-162010-03-03
2009-11-12$0.450.0%Cashquarterly2009-11-062009-11-162009-12-03
2009-08-20$0.450.0%Cashquarterly2009-08-142009-08-242009-09-09
2009-05-14$0.450.0%Cashquarterly2009-05-082009-05-182009-06-03
2009-02-19$0.450.0%Cashquarterly2009-02-132009-02-232009-03-10
2008-11-13$0.450.0%Cashquarterly2008-11-072008-11-172008-12-03
2008-08-21$0.450.0%Cashquarterly2008-08-152008-08-252008-09-09
2008-05-15$0.450.0%Cashquarterly2008-05-082008-05-192008-06-03
2008-02-07$0.45+7.1%Cashquarterly2008-01-312008-02-112008-03-04
2007-11-15$0.420.0%Cashquarterly2007-11-082007-11-192008-01-03
2007-09-06$0.420.0%Cashquarterly2007-08-292007-09-102007-09-17
2007-05-17$0.420.0%Cashquarterly2007-05-102007-05-212007-06-05
2007-02-15$0.42+10.5%Cashquarterly2007-02-082007-02-202007-03-06
2006-11-22$0.380.0%Cashquarterly2006-11-162006-11-272007-01-04
2006-08-17$0.380.0%Cashquarterly2006-08-102006-08-212006-09-06
2006-05-11$0.380.0%Cashquarterly2006-05-042006-05-152006-05-31
2006-02-16$0.38+15.2%Cashquarterly2006-02-092006-02-212006-03-07
2005-11-23$0.330.0%Cashquarterly2005-11-172005-11-282006-01-04
2005-08-18$0.330.0%Cashquarterly2005-08-112005-08-222005-09-07
2005-05-12$0.330.0%Cashquarterly2005-05-092005-05-162005-06-01
2005-02-17$0.33+17.9%Cashquarterly2005-01-062005-02-222005-03-09
2004-11-24$0.280.0%Cashquarterly2004-11-182004-11-292005-01-04
2004-08-19$0.280.0%Cashquarterly2004-08-122004-08-232004-09-08
2004-05-13$0.280.0%Cashquarterly2004-05-062004-05-172004-06-02
2004-02-19$0.28+12.0%Cashquarterly2004-02-122004-02-232004-03-09
2003-11-20$0.250.0%Cashquarterly2003-11-132003-11-242004-01-05
2003-08-21$0.25+19.0%Cashquarterly2003-08-152003-08-252003-09-09
2003-05-15$0.210.0%Cashquarterly2003-05-072003-05-192003-06-03
2003-02-20$0.21+10.5%Cashquarterly2003-02-132003-02-242003-03-11
2002-11-21$0.190.0%Cashquarterly2002-11-132002-11-252003-01-06
2002-08-22$0.190.0%Cashquarterly2002-08-142002-08-262002-09-10
2002-05-23$0.190.0%Cashquarterly2002-05-152002-05-282002-06-07
2002-02-25$0.190.0%Cashquarterly2002-01-162002-02-272002-03-08
2001-11-23$0.190.0%Cashquarterly2001-11-152001-11-272002-01-04
2001-08-24$0.190.0%Cashquarterly2001-08-162001-08-282001-09-07
2001-05-25$0.190.0%Cashquarterly2001-05-162001-05-302001-06-08
2001-02-22$0.19+11.8%Cashquarterly2001-02-152001-02-262001-03-09
2000-11-22$0.170.0%Cashquarterly2000-11-162000-11-272001-01-05
2000-08-24$0.170.0%Cashquarterly2000-08-172000-08-282000-09-08
2000-05-25$0.170.0%Cashquarterly2000-05-182000-05-302000-06-09
2000-02-24$0.17-43.3%Cashquarterly2000-02-182000-02-282000-03-27
1999-11-24$0.3–Cashquarterly1999-11-181999-11-292000-01-07
No splits on record.