Company: United Parcel Service Inc. (UPS)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: As the world’s largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS’ domestic US package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder. UPS is currently pursuing “strategic alternatives” for its truck brokerage unit, Coyote, which it acquired in 2015. -Morningstar.com-
Symbol: UPS
Recent Price: $126.13
Dividends: $6.52
Yield: 5.17%
Sector: Industrials
Industry: Integrated Freight & Logistics
Address & Company Phone #: 55 Glenlake Pkwy. N.E. Atlanta GA 30328, 404-828-6000
Transfer Agent: Computershare 800-758-4674
Moody’s Rating: A2
Minimum & Maximum Investment: $100 – $120,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+12¢/sh. Cert: 0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $197.80, $133.68