Is UPS the Best Dividend Stock?
UPS' (NYSE: UPS) current forward dividend yield of around 4.4% is highly attractive for income-seeking investors, but is the payout sustainable? The company's earnings have disappointed recently, and the dividend cover looks pretty thin in 2024. Is UPS a stock for dividend hunters to buy? Here's what you need to know before buying the stock.
The company's trailing-12-month dividend cost it about $5.4 billion, and as you can see below, following a disappointing 2023, its free cash flow (FCF) per share didn't cover its dividend last year. Clearly, that's not a sustainable situation, and investors should buy UPS stock more for where the company is going than where it just came from.
Source Fool.com
United Parcel Service Inc. Aktie
128,08 €
1,42 %
Eine Tendenz zu Buy-Einschätzungen bei United Parcel Service Inc., überwiegend gegenüber Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für United Parcel Service Inc. von 162 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 128.08 €.
