Company: Fedex Corp. (FDX)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: FedEx pioneered overnight delivery in 1973 and remains the world’s largest express package provider. In its fiscal 2024, which ended May 2024, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting the firm’s presence across Europe. TNT was previously the fourth-largest global parcel delivery provider. -Morningstar.com-
Symbol: FDX
Recent Price: $289.19
Dividends: $5.52
Yield: 1.91%
Sector: Industrials
Industry: Integrated Freight & Logistics
Address & Company Phone #: 942 South Shady Grove Rd. Memphis TN 38120, 901-818-7500
Transfer Agent: Computershare 800-446-2617
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $1000
Fees: Div.: 5% of amount invested up to $3 Max Cash: $5+3¢/sh. Cert: $0 Sells: by Phone, Mail, Fax or Internet for $15+9¢/sh.
52 Week High & Low: $302.41, $224.69