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FedEx to Increase Quarterly Dividend
FedEx Corp. said it will raise its quarterly dividend to 10 cents a share, from 9 cents, on July 2.
The increase will be paid to shareholders of record as of June 11, FedEx said in a statement. The previous rate was set last May.
FedEx is ranked No. 2 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
