UPS Vs. FedEx: Why One Dividend Claimed 99% Of Free Cash Flow
The yield gap starts with a cash claim. Last year, UPS’s dividend consumed nearly all of its adjusted free cash flow. United Parcel Service (NYSE: UPS ) has finished shrinking its Amazon business. Now it has to show what the rebuilt network can earn in cash. Second-quarter revenue rose 7.6% to $22.8 billion. Adjusted o