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0 7.99232736573299E-05 0.00059942455242969 0.000839194373401566 0.00187819693094629 -0.000699328644501324 0.00337675831202046 0.00217551150895139
Stock impact report

FedEx (FDX) Share Price Increases on Dividend Hike of 10% [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
The upside was owing to the dividend hike announcement by FedEx's board of directors. In a shareholder-friendly move, FDX's board of directors has approved a dividend hike of 10%, thereby raising its quarterly cash dividend from $1.26 ($5.04 annualized) per share to $1.38 ($5.52 annualized). The raised dividend will be paid out on Jul 9, 2024, to shareholders of record at the close of business on Jun 24, 2024. The move reflects FDX's intention to utilize free cash to enhance its shareholders' returns. FedEx Corporation Dividend Yield (TTM) FedEx Corporation dividend-yield-ttm | FedEx Corporation Quote FedEx has been consistently making efforts to reward its shareholders through dividends and share buybacks, which are encouraging. In April 2023, FedEx raised its quarterly dividend by 10% to $1.26 per share. Prior to this, in June 2022, FedEx raised its quarterly dividend by 53% to $1.15 per share. During the first nine months of fiscal 2024, FedEx paid dividends worth $949 Show less Read more
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