Fedex's most recent quarterly cash dividend of $1.26 per share was issued to shareholders on record before Mar 8, 2024. The payout stands at $5.04 per share annually, which works out to a dividend yield of 1.89%.
FDX has a dividend yield of 1.89% which is higher than the Industrials sector average but lower than the industry average. If we compare it with the Industrials sector average of 1.43%, Fedex's dividend yield is 32% higher. Historically FDX's dividend yield has averaged at 1.6% in the last 5 years, which is less than the current one.
Fedex has been paying dividends for the last 21 years. According to our data FDX has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 10% for the last twelve months. However since the stock price has gone up by 16% from a year ago, the dividend yield has decreased by 6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 8, 2024 | Apr 1, 2024 | Feb 16, 2024 | $1.26 | normal |
| Dec 8, 2023 | Jan 2, 2024 | Nov 17, 2023 | $1.26 | normal |
| Sep 8, 2023 | Oct 2, 2023 | Aug 18, 2023 | $1.26 | normal |
| Jun 9, 2023 | Jul 3, 2023 | Apr 5, 2023 | $1.26 | normal |
| Mar 10, 2023 | Apr 3, 2023 | Feb 17, 2023 | $1.15 | normal |
| Dec 9, 2022 | Jan 3, 2023 | Nov 18, 2022 | $1.15 | normal |
| Sep 1, 2022 | Oct 3, 2022 | Aug 12, 2022 | $1.15 | normal |
| Jun 24, 2022 | Jul 11, 2022 | Jun 14, 2022 | $1.15 | normal |
| Mar 4, 2022 | Apr 1, 2022 | Feb 11, 2022 | $0.75 | normal |
| Dec 10, 2021 | Dec 27, 2021 | Nov 19, 2021 | $0.75 | normal |
| Sep 2, 2021 | Oct 1, 2021 | Aug 13, 2021 | $0.75 | normal |
| Jun 25, 2021 | Jul 12, 2021 | Jun 14, 2021 | $0.75 | normal |
| Mar 5, 2021 | Apr 1, 2021 | Feb 12, 2021 | $0.65 | normal |
| Dec 11, 2020 | Dec 28, 2020 | Nov 20, 2020 | $0.65 | normal |
| Sep 3, 2020 | Oct 1, 2020 | Aug 14, 2020 | $0.65 | normal |
| Jun 26, 2020 | Jul 13, 2020 | Jun 15, 2020 | $0.65 | normal |
| Mar 6, 2020 | Apr 1, 2020 | Feb 14, 2020 | $0.65 | normal |
| Dec 6, 2019 | Jan 2, 2020 | Nov 15, 2019 | $0.65 | normal |
| Sep 6, 2019 | Oct 1, 2019 | Aug 16, 2019 | $0.65 | normal |
| Jun 21, 2019 | Jul 8, 2019 | Jun 10, 2019 | $0.65 | normal |
| Mar 8, 2019 | Apr 1, 2019 | Feb 15, 2019 | $0.65 | normal |
| Dec 7, 2018 | Jan 2, 2019 | Nov 16, 2018 | $0.65 | normal |
| Sep 7, 2018 | Oct 1, 2018 | Aug 17, 2018 | $0.65 | normal |
| Jun 22, 2018 | Jul 9, 2018 | Jun 11, 2018 | $0.65 | normal |
| Mar 9, 2018 | Apr 2, 2018 | Feb 16, 2018 | $0.5 | normal |
| Dec 8, 2017 | Jan 2, 2018 | Nov 17, 2017 | $0.5 | normal |
| Sep 8, 2017 | Oct 2, 2017 | Aug 18, 2017 | $0.5 | normal |
| Jun 20, 2017 | Jul 6, 2017 | Jun 12, 2017 | $0.5 | normal |
| Mar 9, 2017 | Apr 3, 2017 | Feb 17, 2017 | $0.4 | normal |
| Dec 8, 2016 | Jan 3, 2017 | Nov 18, 2016 | $0.4 | normal |
| Sep 8, 2016 | Oct 3, 2016 | Aug 19, 2016 | $0.4 | normal |
| Jun 14, 2016 | Jul 1, 2016 | Jun 6, 2016 | $0.4 | normal |
| Mar 10, 2016 | Apr 1, 2016 | Feb 19, 2016 | $0.25 | normal |
| Dec 10, 2015 | Jan 4, 2016 | $0.25 | normal | |
| Sep 8, 2015 | Oct 1, 2015 | Aug 14, 2015 | $0.25 | normal |
FDX has a payout ratio of 28.8% which is lower than the Industrials sector and the industry average. But in comparison with the Industrials sector average of 30.1%, Fedex's payout ratio is only 4.3% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UPS United Parcel Service Inc | 4.55% | $6.49 | 83.1% |
| CHRW C H Robinson Worldwide Inc | 3.43% | $2.44 | 89.1% |
| FDX Fedex Corp | 1.89% | $5.04 | 28.8% |
| EXPD Expeditors International Of Washington Inc | 1.2% | $1.38 | 27.3% |
Yes, Fedex has paid four dividends in the last twelve months. FDX has been paying dividends since 2003.
FDX hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Fedex's last regular dividend was on Mar 8, 2024 (ex-date) with the amount of $1.26 per share.
On an annual basis FDX pays $5.04 per share.
Currently Fedex's dividend yield is 1.89%.
Fedex pays dividends quarterly.
The dividend payout ratio of Fedex is 28.8%.
Fedex's dividend yield is more than the Industrials sector average.