FedEx Corp. Announces Dividend Increase

FedEx Corp.’s board of directors has approved a five percent increase in the company’s quarterly dividend payout.

This decision reflects the company’s ongoing commitment to shareholder value.

Dividend Details

• The new quarterly dividend amount is not specified in the announcement.
• The dividend increase is effective as of the next dividend payment date.

Financial Metrics

FedEx’s current stock price is $227.96 USD, which falls within the company’s 52-week price range of $194.30 USD to $313.84 USD.

Key financial metrics include:

• Price-to-Earnings (P/E) ratio: 11.6604
• Price-to-Book (P/B) ratio: 1.99319

These ratios suggest a relatively stable valuation for the company.