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Wondering If UPS' 6.7%-Yielding Dividend Is Sustainable? Here's What You Need to Know.
I've read several articles recently suggesting that United Parcel Service (NYSE: UPS) should cut its dividend. The reasoning is that the world's largest package delivery company could create more value for shareholders if it did. While the idea of a dividend cut might be appealing to some, I suspect many income investors won't like it one bit. If you're in that group, you might be wondering if UPS' 6.7%-yielding dividend is sustainable. Here's what you need to know.Image source: Getty Images.Continue reading
I've read several articles recently suggesting that United Parcel Service (NYSE: UPS) should cut its dividend. The reasoning is that the world's largest package delivery company could create more value for shareholders if it did.
While the idea of a dividend cut might be appealing to some, I suspect many income investors won't like it one bit. If you're in that group, you might be wondering if UPS' 6.7%-yielding dividend is sustainable. Here's what you need to know.
Image source: Getty Images.
