UPS Dividend History & Analysis | 6.7% Yield

UPS has a dividend yield of 6.7% and paid 6.56 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 6.71%
Payout Ratio 91.6%
Growth Rate CAGR 5y 12.61%
Consistency Lifetime 99.6%
Yield on Cost 5y 4.73%
Payout FCF 113.3%
Streak Years 26
Dividend Rating 85.67%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
Yield (right) Price (left) ┅┅ Avg Yield

Top Dividend Payers in Air Freight & Logistics

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
LOG 5,016 M 6.76% 17.33%
DHL 60,085 M 5.01% 9.86%
ZTO 19,007 M 3.54% 3.95%
CHRW 19,207 M 1.89% 2.88%
FDX 86,287 M 2.19% 2.27%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
FDX 86,287 M 18.56% 99.8%
EXPD 19,122 M 7.34% 95.7%
ZTO 19,007 M 26.98% 93.1%
DHL 60,085 M 8.20% 97.2%
LOG 5,016 M 14.88% 99.2%
UPS Dividend History: Last 50 Payments (USD) as of April 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-02-17 2026-02-17 2026-03-05 Quarterly 1.64 0% 1.4%
2025-11-17 2025-11-17 2025-12-04 Quarterly 1.64 0% 1.74%
2025-08-18 2025-08-18 2025-09-04 Quarterly 1.64 0% 1.89%
2025-05-19 2025-05-19 2025-06-05 Quarterly 1.64 0% 1.67%
2025-02-18 2025-02-18 2025-03-06 Quarterly 1.64 +0.6% 1.43%
2024-11-18 2024-11-18 2024-12-05 Quarterly 1.63 0% 1.23%
2024-08-19 2024-08-19 2024-09-05 Quarterly 1.63 0% 1.28%
2024-05-10 2024-05-13 2024-05-30 Quarterly 1.63 0% 1.11%
2024-02-16 2024-02-20 2024-03-08 Quarterly 1.63 +0.6% 1.12%
2023-11-10 2023-11-13 2023-11-30 Quarterly 1.62 0% 1.17%
2023-08-11 2023-08-14 2023-08-31 Quarterly 1.62 0% 0.91%
2023-05-12 2023-05-15 2023-06-01 Quarterly 1.62 0% 0.96%
2023-02-17 2023-02-21 2023-03-10 Quarterly 1.62 +6.6% 0.88%
2022-11-10 2022-11-14 2022-12-01 Quarterly 1.52 0% 0.91%
2022-08-12 2022-08-15 2022-09-01 Quarterly 1.52 0% 0.75%
2022-05-13 2022-05-16 2022-06-02 Quarterly 1.52 0% 0.86%
2022-02-18 2022-02-22 2022-03-10 Quarterly 1.52 +49% 0.73%
2021-11-19 2021-11-22 2021-12-08 Quarterly 1.02 0% 0.49%
2021-08-20 2021-08-23 2021-09-09 Quarterly 1.02 0% 0.53%
2021-05-21 2021-05-24 2021-06-09 Quarterly 1.02 0% 0.48%
2021-02-19 2021-02-22 2021-03-10 Quarterly 1.02 +1% N/A
2020-11-12 2020-11-13 2020-12-03 Quarterly 1.01 0% N/A
2020-08-21 2020-08-24 2020-09-09 Quarterly 1.01 0% N/A
2020-05-22 2020-05-26 2020-06-10 Quarterly 1.01 0% N/A
2020-02-24 2020-02-25 2020-03-10 Quarterly 1.01 +5.2% N/A
2019-11-15 2019-11-18 2019-12-04 Quarterly 0.96 0% N/A
2019-08-16 2019-08-19 2019-09-04 Quarterly 0.96 0% N/A
2019-05-17 2019-05-20 2019-06-05 Quarterly 0.96 0% N/A
2019-02-25 2019-02-26 2019-03-12 Quarterly 0.96 +5.5% N/A
2018-11-16 2018-11-19 2018-12-05 Quarterly 0.91 0% N/A
2018-08-17 2018-08-20 2018-09-05 Quarterly 0.91 0% N/A
2018-05-18 2018-05-21 2018-06-06 Quarterly 0.91 0% N/A
2018-02-16 2018-02-20 2018-03-07 Quarterly 0.91 +9.6% N/A
2017-11-10 2017-11-13 2017-11-29 Quarterly 0.83 0% N/A
2017-08-10 2017-08-14 2017-08-30 Quarterly 0.83 0% N/A
2017-05-11 2017-05-15 2017-05-31 Quarterly 0.83 0% N/A
2017-02-16 2017-02-21 2017-03-08 Quarterly 0.83 +6.4% N/A
2016-11-09 2016-11-14 2016-11-30 Quarterly 0.78 0% N/A
2016-08-12 2016-08-16 2016-08-31 Quarterly 0.78 0% N/A
2016-05-12 2016-05-16 2016-06-01 Quarterly 0.78 0% N/A
2016-02-18 2016-02-22 2016-03-09 Quarterly 0.78 +6.8% N/A
2015-11-12 2015-11-16 2015-12-02 Quarterly 0.73 0% N/A
2015-08-13 2015-08-17 2015-09-01 Quarterly 0.73 0% N/A
2015-05-14 2015-05-18 2015-06-03 Quarterly 0.73 0% N/A
2015-02-19 2015-02-23 2015-03-10 Quarterly 0.73 +9% N/A
2014-11-13 2014-11-17 2014-12-03 Quarterly 0.67 0% N/A
2014-08-14 2014-08-18 2014-09-03 Quarterly 0.67 0% N/A
2014-05-15 2014-05-19 2014-06-04 Quarterly 0.67 0% N/A
2014-02-20 2014-02-24 2014-03-11 Quarterly 0.67 +8.1% N/A
2013-11-14 2013-11-18 2013-12-04 Quarterly 0.62 0% N/A

UPS Dividend FAQ

United Parcel Service (UPS) is a global package delivery and logistics firm operating two main segments: U.S. Domestic Package, which handles time-definite deliveries across the United States via air and ground, and International Package, which offers small-parcel, freight, and e-commerce solutions across Europe, the Middle East, Africa, Canada, Latin America, and Asia. The company also provides ancillary services such as air and ocean freight forwarding, contract logistics, customs brokerage, insurance, healthcare logistics, and post-sales distribution.

What is the Dividend Yield of UPS?

As of April 2026, UPS's dividend yield is 6.71%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 6.56 USD by the current share price of 98.18.

Does UPS pay a dividend?

As of April 2026, UPS paid a dividend of 6.56 USD in the last 12 months. The last dividend was paid on 2026-02-17 and the payout was 1.64 USD.

How often does UPS pay dividends?

UPS pays dividends quarterly. Over the last 12 months, UPS has issued 4 dividend payments. The last dividend payment was made on 2026-02-17.

UPS dividend forecast

Based on historical data, the forecasted dividends per share for UPS for the next payments are between 1.77 (+7.9%) and 1.816 (+10.7%). This indicates a solid dividend increase compared to the last payment. The expected Yield for the next 12 months is about 7.29%.

Will UPS pay dividends in 2026?

The latest dividend paid per share was 1.64 USD with an Ex-Dividend Date of 2026-02-17. The next Ex-Dividend date for United Parcel Service (UPS) is currently unknown.

What is the next Ex-Dividend Date for UPS?

The next Ex-Dividend date for United Parcel Service (UPS) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of UPS?

UPS's average dividend growth rate over the past 5 years is 12.6% per year. Strong growth: UPS's dividend growth is outpacing inflation.

What is the Yield on Cost of UPS?

UPS's 5-Year Yield on Cost is 4.73%. If you bought UPS's shares at 138.83 USD five years ago, your current annual dividend income (6.56 USD per share, trailing 12 months) equals 4.73% of your original purchase price.

What is the Payout Consistency of UPS?

UPS Payout Consistency is 99.6%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: United Parcel Service has a strong track record of consistent dividend payments over its lifetime.

Does UPS have a good Dividend Yield?

UPS's 6.71% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of UPS?

The Dividend Payout Ratio of UPS is 91.6%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of UPS?

UPS's Overall Dividend Rating is 85.67%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

UPS Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.

What is the Trend in UPS's Outstanding Shares?

United Parcel Service's outstanding shares have decreased by approximately 0.29% annually over the past 3 years (Trend Reliability: -81.6%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has UPS ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1999 1,213,432,800 0%
2000 1,134,693,900 -6.49%
2001 1,126,000,000 -0.77%
2002 1,131,481,500 +0.49%
2003 1,132,835,800 +0.12%
2004 1,130,769,200 -0.18%
2005 1,095,505,600 -3.12%
2006 1,080,769,200 -1.35%
2007 1,041,379,300 -3.64%
2008 1,003,000,000 -3.69%
2009 1,004,000,000 +0.1%
2010 1,002,000,000 -0.2%
2011 972,000,000 -2.99%
2012 956,000,000 -1.65%
2013 937,000,000 -1.99%
2014 917,000,000 -2.13%
2015 898,000,000 -2.07%
2016 876,000,000 -2.45%
2017 872,000,000 -0.46%
2018 869,000,000 -0.34%
2019 863,000,000 -0.69%
2020 871,000,000 +0.93%
2021 879,000,000 +0.92%
2022 871,000,000 -0.91%
2023 858,000,000 -1.49%
2024 858,000,000 0%
2025 853,000,000 -0.58%
Key Metric Definitions
Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-29 03:02 UTC