2023-12-28 08:45:00 ET
Given its torrid growth in 2020 and 2021, it's hard to believe that United Parcel Service (NYSE: UPS) stock is down over the past three years. But fundamentals have been declining. And there are questions about whether the company's margin expansion is sustainable or if it was just a result of a pandemic-induced boost.
UPS is in for a challenging 2024. Even so, it stands out as my top high-yield dividend stock to buy next year. Here's why.
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For further details see:
My Top High-Yield Dividend Stock to Buy for 2024