UPS - This Dividend Stock Hasn't Yielded This Much in Over 15 Years. Here's Why It's a Buy Near Its 52-Week Low
2024-06-08 10:20:00 ET
United Parcel Service (NYSE: UPS) stock gained an impressive 83% between 2020 and the end of 2021 -- benefiting from a shift away from services and in-store shopping toward home delivery. But since the beginning of 2022, UPS is down over 35% compared to a 12% gain in the S&P 500 .
Here's why the high-yield dividend stock deserved to sell off but is worth buying now.
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This Dividend Stock Hasn't Yielded This Much in Over 15 Years. Here's Why It's a Buy Near Its 52-Week Low