FedEx
said it plans to boost its quarterly dividend by 10% in an otherwise quiet week for such announcements.
FedEx (ticker: FDX) declared a quarterly disbursement to $1.26 a share from $1.15 earlier this week. The increase brings the annualized dividend to $5.04 a share. The dividend is payable on July 3 to shareholders of record at the close of business on June 12.
