UPS Has Ample Free Cash Flow to Pay Out Dividends

United Parcel Service (UPS) is flush with free cash flow. The shipping, receiving, and supply chain management company reported that it generated $9 billion of free cash flow in 2022, which handily covered the $5.1 billion it distributed in dividends. Looking ahead, UPS expects its free cash flow to be around $8 billion in 2023. [...] The post UPS Has Ample Free Cash Flow to Pay Out Dividends appeared first on ETF Trends .