UPS Yields 6.7% After Firing Amazon. Here's Whether the Dividend Survives 2027.
Key PointsUPS froze its dividend earlier this year.
UPS reported a 6.7% dividend yield as of Friday, Oct. 16, but its future as a safe investment is in question. The company's decision to halt its dividend growth streak may signal potential trouble ahead. With competition and high fuel prices impacting its financials, UPS' dividend might be at risk. Investors seeking stability in the industrial sector may find safer alternatives, given the sector's dividend aristocrats.
While UPS can likely keep its payout through 2027, the risk of a dividend cut or suspension appears to be a real possibility.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
