FedEx Corporation (NYSE:FDX) will release earnings results for the fourth quarter, after the closing bell on Tuesday, June 23.
Analysts expect the Memphis, Tennessee-based company to report quarterly earnings at $5.85 per share, up from $5.41 per share in the year-ago period.
According to data from Benzinga Pro, FedEx projects to report quarterly revenue of $21.81 billion, compared to $22.1 billion a year earlier.
On June 9, FedEx board increased its quarterly dividend from $1.38 to $1.45 per share.
With the recent buzz around FedEx, some investors may be eyeing potential gains from the company’s dividends. Currently, FedEx offers an annual dividend yield of 2.53%, which is a quarterly dividend amount of $1.45 per share ($5.80 a year).
So, how can investors exploit its dividend …