Posted 3/21/2024, 2:38:45 PM
FedEx Q3 Earnings Outlook Positive; Explored Amazon Tie-up and Offers 1.94% Dividend Yield
- FedEx (FDX) releasing Q3 earnings on March 21, 2024 - expected to report EPS of $3.46, up from $3.41 last year and revenue of $22.06 billion
- FedEx and Amazon explored potential collaborations last year like FedEx accepting Amazon returns at retail locations
- FedEx has a current dividend yield of 1.94% or $5.04 per share annually
- To earn $500/month from FedEx dividends, an investor would need about 1,190 shares currently worth $309,388
- To earn $100/month from FedEx dividends, an investor would need about 238 shares currently worth $61,878
