FedEx Corp. Board Increases Quarterly Dividend 10 Percent
10 Junio 2024 - 1:15PM
Business Wire
The Board of Directors of FedEx Corp. (NYSE:
FDX) today approved an increase in the annual dividend rate on
FedEx Corp. common stock of 10%, or $0.48 per share, to $5.52 per
share for fiscal 2025 in line with the company’s continued focus on
delivering stockholder value. The Board today also declared a
quarterly cash dividend of $1.38 per share on FedEx Corp. common
stock. The dividend is payable July 9, 2024 to stockholders of
record at the close of business on June 24, 2024.
“We remain committed to creating value for our stockholders,”
said John W. Dietrich, executive vice president and chief financial
officer of FedEx Corp. “This dividend increase is an important
component of our disciplined approach to capital allocation, which
also includes share repurchases and prudently investing in our
business.”
FedEx Corp. (NYSE: FDX) provides customers and businesses
worldwide with a broad portfolio of transportation, e-commerce and
business services. With annual revenue of $88 billion, the company
offers integrated business solutions utilizing its flexible,
efficient, and intelligent global network. Consistently ranked
among the world’s most admired and trusted employers, FedEx
inspires its more than 500,000 employees to remain focused on
safety, the highest ethical and professional standards and the
needs of their customers and communities. FedEx is committed to
connecting people and possibilities around the world responsibly
and resourcefully, with a goal to achieve carbon-neutral operations
by 2040. To learn more, please visit fedex.com/about.
Certain statements in this press release may be considered
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, such as statements
relating to management’s views with respect to future events and
financial performance and underlying assumptions. Forward-looking
statements include those preceded by, followed by or that include
the words “will,” “may,” “could,” “would,” “should,” “believes,”
“expects,” “forecasts,” “anticipates,” “plans,” “estimates,”
“targets,” “projects,” “intends” or similar expressions. Such
forward-looking statements are subject to risks, uncertainties and
other factors which could cause actual results to differ materially
from historical experience or from future results expressed or
implied by such forward-looking statements. Potential risks and
uncertainties include, but are not limited to, the factors which
can be found in FedEx Corp.’s and its subsidiaries’ press releases
and FedEx Corp.’s filings with the Securities and Exchange
Commission. Any forward-looking statement speaks only as of the
date on which it is made. We do not undertake or assume any
obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240607508408/en/
Media Contact: Caitlin Adams Maier 901-434-8100 Investor
Contact: Jeni Hollander 901-818-7200 Home Page: fedex.com
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