12 Best Industrial Dividend Stocks to Invest in Now

3. FedEx Corporation (NYSE:FDX)

Number of Hedge Fund Holders: 66

FedEx Corporation (NYSE:FDX) is an American multinational holding company that specializes in transportation, e-commerce, and business services. In fiscal Q2 2025, the company reported revenue of $22 billion, which fell slightly by 0.9% from the same period last year. The Federal Express segment achieved operating profit growth despite facing several challenges, including sluggish US domestic demand and the expiration of its contract with the US Postal Service.

In the second quarter of fiscal 2025, FedEx Corporation (NYSE:FDX) allocated $820 million toward capital expenditures, bringing its total spending for the year to $5.2 billion. The company also repurchased $1 billion worth of shares during the quarter, bringing its total buybacks for the year to $2 billion, with an additional $500 million planned for the second half.

On February 6, 2025, FedEx Corporation (NYSE:FDX) acquired RouteSmart Technologies, a global leader in route optimization, to enhance its operational efficiency. The two companies, which have a long-standing partnership, anticipate a seamless integration while ensuring RouteSmart continues serving various industries. RouteSmart will operate independently under FedEx Dataworks, further strengthening its logistics technology capabilities.

FedEx Corporation (NYSE:FDX) currently offers a quarterly dividend of $1.38 per share and has a dividend yield of 2.25%, as of March 17. The company has been growing its payouts for four consecutive years.