UPS · 10-Q · 2026Q2 · Full report

Capital Return Program

UNITED PARCEL SERVICE INC · 2026-08-05 · Importance 42 · Surprise 14 · From source text

UPS paid $2.708 billion in dividends during the six months ended June 30, 2026, compared with $2.697 billion in the prior-year period. The company declared dividends of $3.28 per share for the six-month period and paid $1.64 per share in each of the first and second quarters. UPS repurchased no shares under its stock repurchase program in the first six months of 2026, compared with $1.0 billion spent to repurchase 8.6 million shares in the 2025 period. Dividend declarations remain subject to Board discretion and depend on net income, financial condition, cash requirements and future prospects.

Key facts

• Net cash used in financing activities was $(2,757) million for the six months ended June 30, 2026 and $(519) million for the six months ended June 30, 2025. source
• We did not repurchase any shares under our stock repurchase program during the six months ended June 30, 2026; cash paid to repurchase shares was $— in 2026 and $1,000 million in 2025; number of shares repurchased was — in 2026 and 8.6 in 2025. source
• We returned $2.7 billion of cash to shareowners through dividends during the first half of 2026. source
• Cash paid for dividends was $(2,708) million for the six months ended June 30, 2026 and $(2,697) million for the six months ended June 30, 2025. source
• Dividends declared per share were $3.28 for the six months ended June 30, 2026 and $3.28 for the six months ended June 30, 2025. source
• We paid a quarterly cash dividend of $1.64 per share in each of the first and second quarters of both 2026 and 2025. source

Impact estimates