FedEx, UPS: 2 Intriguing Dividend Stocks Following Their Decline
September 21 2022 - 12:54PM
TipRanks
FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) are the two
leaders in package delivery, transportation, logistics, and related
services across the globe. The two companies essentially operate a
duopoly in the space and offer solid investment cases for dividend
investors due to their recent decline in share price. While most
people are familiar with their iconic vans, the two companies also
operate some of the biggest airlines in the world, as well as the
biggest fleets of alternative-fuel vehicles globally. Up until
recently, FedEx and UPS were enjoying fantastic market tailwinds
due to supply-chain bottlenecks establishing that their
transportation services were more important than ever.
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United Parcel Service (NYSE:UPS)
Historical Stock Chart
From Jan 2023 to Feb 2023
United Parcel Service (NYSE:UPS)
Historical Stock Chart
From Feb 2022 to Feb 2023