|12 May 2016: Bought 25 shares of UPS at $101.84 per share.|
United Parcel Service (NYSE:UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide.
UPS is a Dividend Challenger with a track record of 7 consecutive years of dividend increases and a 5-year dividend growth rate of 9.2%. The company pays quarterly dividends of 78¢ per share in the months of March, June, September and December.
At my buy price of $101.84 the stock yields 3.06%. Adding 25 shares of UPS to DivGro increases projected annual dividend income by $78.
|To see my analysis of UPS and the reasons I bought shares, please read this article at Seeking Alpha.|
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