Trailing Dividend / Share
$6.35
United Parcel Service, Inc. (UPS) Dividend History
Income profile from 1999 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
6.0%
Payout Ratio
96.9%
At Risk
Dividend Streak
16 years
UPS Dividend Income Check
Safety
96.9% payout ratio with at risk safety profile.
Consistency
16 straight years of dividend increases.
Income Trend
Yield on cost is 4.0% and trend is rising.
UPS Dividend Scorecard
Yield & Income
Dividend Yield6.0%
Trailing DPS$6.35
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout96.9%
Earnings SafetyAt Risk
FCF Payout119.5%
FCF SafetyStretched
Piotroski F-Score5/9
Growth
Growth Streak16 years
3Y CAGR2.6%
5Y CAGR10.2%
Yield on Cost (5Y)4.0%
YOC Trendrising
Total Returns
Buyback Yield1.1%
Total Shareholder Yield7.2%
1Y Total Return12.4%
5Y Total Return-31.3%
Div Contribution (5Y)15.7%
Estimated $10K growth (return + dividends):
5Y ago$6,87510Y ago$14,55220Y ago$22,237
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
UPS Income Growth Story
Dividend per share and yield on cost over time (28 years of payments)
UPS Dividend Safety Story
EPS is the container — dividend is what's drawn out
Get UPS's next ex-dividend date and payout in your inbox
Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
United Parcel Service, Inc. distributes 96.9% of earnings as dividends (At Risk). When measured against free cash flow—a stricter test—the payout ratio stands at 119.5%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
UPS has raised its dividend for 16 consecutive years, with a 3-year CAGR of 2.6% and 5-year CAGR of 10.2%.
Total Shareholder Returns
Beyond cash dividends, UPS returns capital through share repurchases. The combined picture: 6.0% dividend yield, 1.1% buyback yield, 7.2% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.0% and is currently rising. The 5-year total return is -31.3%, with dividends contributing 15.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $14,552 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
UPS Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$30.96
Avg/Payment$1.5480
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 18, 2026Latest | $1.6400 | — | 6.87% | Jun 4, 2026 |
| Feb 17, 2026 | $1.6400 | — | 5.68% | Mar 5, 2026 |
| Nov 17, 2025 | $1.6400 | — | 6.96% | Dec 4, 2025 |
| Aug 18, 2025 | $1.6400 | — | 7.57% | Sep 4, 2025 |
| May 19, 2025 | $1.6400 | — | 6.60% | Jun 5, 2025 |
| Feb 18, 2025 | $1.6400 | ↑ +0.6% | 5.66% | Mar 6, 2025 |
| Nov 18, 2024 | $1.6300 | — | 4.82% | Dec 5, 2024 |
| Aug 19, 2024 | $1.6300 | — | 5.05% | Sep 5, 2024 |
UPS Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
6.0%
#1 of 5
Safety
At Risk
96.9% payout
Streak
16Y
10.2% 5Y CAGR
Total Shareholder
7.2%
#1 of 5
FDX
ODFL
CHRW
EXPDUPS Annual Dividend History (1998–2026)
29 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $3.28 | — | 2 | — | — | — | 2.0% |
| 2025 | $6.56 | 0.6% | 4 | $6.56 | 100.0% | 1.00x | 4.0% |
| 2024 | $6.52 | 0.6% | 4 | $6.76 | 96.4% | 1.04x | 4.0% |
| 2023 | $6.48 | 6.6% | 4 | $7.80 | 83.1% | 1.20x | 4.0% |
| 2022 | $6.08 | 49.0% | 4 | $13.20 | 46.1% | 2.17x | 3.7% |
| 2021 | $4.08 | 1.0% | 4 | $14.68 | 27.8% | 3.60x | 2.5% |
| 2020 | $4.04 | 5.2% | 4 | $1.54 | 262.3% | 0.38x | 2.5% |
| 2019 | $3.84 | 5.5% | 4 | $5.11 | 75.1% | 1.33x | 2.3% |
| 2018 | $3.64 | 9.6% | 4 | $5.51 | 66.1% | 1.51x | 2.2% |
| 2017 | $3.32 | 6.4% | 4 | $5.61 | 59.2% | 1.69x | 2.0% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into UPS consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
27+ years return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
UPS — Frequently Asked Questions
Quick answers to the most common questions about buying UPS stock.
How much dividend does UPS pay per share?
United Parcel Service, Inc. (UPS) pays a trailing 12-month dividend of $6.35 per share, with a current dividend yield of +6.0%. Payments are made Semi-Annual.
When is UPS's next ex-dividend date?
UPS's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. UPS typically pays dividends Semi-Annual.
Is UPS's dividend safe?
UPS's dividend safety is rated "At Risk" based on an earnings payout ratio of +96.9% and FCF payout ratio of +119.5%. With 16 consecutive years of dividend growth, the track record supports sustainability.
Is UPS a Dividend Achiever?
Yes, United Parcel Service, Inc. is classified as a Dividend Achiever with 16 consecutive years of dividend increases. The 5-year dividend CAGR is +10.2%, demonstrating above-inflation dividend growth.
How often does UPS pay dividends?
United Parcel Service, Inc. pays dividends Semi-Annual. The trailing 12-month total is $6.35 per share. Dividend data on this page covers 27+ years from 1999 to 2026.
How much would $10,000 invested in UPS grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in UPS five years ago would be worth approximately $6,875 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is UPS's yield on cost for long-term holders?
UPS's yield on cost — the current dividend divided by the original purchase price — is +4.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +6.0% market yield, thanks to consistent dividend growth.