12 Best Industrial Dividend Stocks to Invest in Now

7. United Parcel Service, Inc. (NYSE:UPS)

Number of Hedge Fund Holders: 59

United Parcel Service, Inc. (NYSE:UPS) is an American multinational shipping & receiving and supply chain management company. Over the past year, the stock has fallen more than 22% as the company worked through longstanding challenges. This included divesting noncore operations, modernizing its business processes, shifting focus toward higher-margin segments like healthcare, and expanding its customer base.

In the fourth quarter of 2024, United Parcel Service, Inc. (NYSE:UPS) reported $25.3 billion in revenue, reflecting a 1.54% year-over-year increase. The company also reached a preliminary agreement with its largest customer to scale back volume by more than 50% by the latter half of 2026. In addition, it has taken full control of its SurePost product. In response, the company is restructuring its US network and implementing a multi-year efficiency program designed to optimize operations and achieve approximately $1 billion in cost savings through an extensive process overhaul.

In February, United Parcel Service, Inc. (NYSE:UPS) raised its quarterly dividend by 0.6% to $1.64 per share, marking its 23rd consecutive year of dividend growth. As of March 17, the stock offers a dividend yield of 5.56%, making it an attractive option for income investors. Strong cash flow continues to support shareholder returns, with UPS generating $10.1 billion in operating cash flow and $6.3 billion in free cash flow in fiscal 2024. The company also distributed $5.9 billion to shareholders through dividends and stock repurchases.