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UPS Boosting Dividend
Two days after posting a big fourth-quarter profit, UPS Inc. said it is boosting its dividend by 5 cents per share.
The 11% increase to 52 cents per share will be payable March 2, to shareholders of record as of Feb. 14, UPS said Thursday.
The company said Tuesday that its fourth-quarter and full-year income jumped and that it expects 2011 profits to hit an all-time high.
UPS is ranked No. 1 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
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