FedEx Boosting Dividend

FedEx Corp. said it will raise its dividend by a penny to 13 cents a share on July 1, for shareholders of record as of June 17.

FedEx last boosted dividend in March of 2010, also by 1 cent per share.

FedEx Corp. is ranked No. 2 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.