Announced
Confirmed • January 30, 24
Ex Date
Reached • February 16, 24
Pay Date
Paid • March 08, 24
Teamsters and a few other things make them push out 109% of free cash flow this year. It didn't leave much room for a big increase. That's why they fired 12000 people. It opened free cash flow back up by 1bil.
I make more in three months of cony than a year of UPS.. with 1 / 50th of the money invested. or 6 months of XYLD with only 30% invested. since they went 50% free cash flow last year.. I feared a cut this year.. but looks like they decided to keep their track toward aristocrat status instead of keeping to 50 PCT fcf...