FedEx Announces Dividend Increase Amid Freight Spin-Off
FedEx Corp (FDX) announced a 5% increase in its annual dividend rate to $4.88, effective from June through December 2026, following the spin-off of FedEx Freight. The company also completed the separation of FedEx Freight Holding Company and appointed Mark A. Edmunds to its board.
Tickers: $FDX
Topics: capital allocation dividends leadership change spin-off