UPS Dividend Safety Amid Market Uncertainty
The logistics giant, with its storied history and sprawling network, stands at a crossroads. Its second-quarter earnings, reported on July 29, painted a picture of resilience and fragility intertwined. Domestic revenue declined by a modest 0.8%, while international revenue rose by nearly 3%. Yet, diluted earnings per share (EPS) fell to $1.51, down from $1.65 a year ago. This is troubling, for UPS’s quarterly dividend stands at $1.64—a figure that now overshadows its earnings. Like a ship navigating stormy seas, the company’s payout appears precariously balanced.