UPS Board Sets Dividend
The Board of Directors of United Parcel Service, Inc. (NYSE: UPS), at its regularly scheduled meeting, today declared a quarterly cash dividend of 19-cents per share on all outstanding Class A and Class B shares. The dividend is payable on June 7, 2002, to shareowners of record on May 28, 2002. UPS is the world’s largest transportation company, offering the most extensive range of e-commerce and supply chain solutions for the movement of goods, information and funds. Headquartered in Atlanta, UPS serves more than 200 countries and territories. UPS Class B common stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at www.ups.com . Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company’s strategic directions, prospects and future results. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including strikes, work stoppages and slowdowns (or customer behavior in anticipation of such events), economic and other conditions in the markets in which we operate, governmental regulations, our competitive environment, increases in aviation and motor fuel prices, cyclical and seasonal fluctuations in our operating results, and other risks discussed in the company’s Form 10-K and other filings with the Securities and Exchange Commission, which discussions are incorporated herein by reference.
