United Parcel Service's Earnings Declined in Q3. Is the Dividend Still Safe?

Logistics giant United Parcel Service (NYSE:UPS) pays an attractive dividend that yields around 6.1%. That's far higher than the S&P 500 average of just 1.1% right now. Many investors, however, may be worried that its payout may not be sustainable given the current economic challenges and the company's underwhelming financials. Last week, UPS released its latest earnings numbers for the third quarter, and its bottom line declined on a year-over-year basis. Does this mean its dividend isn't safe? Image source: Getty Images.

CryptoAlerta — análise de criptomoedas e mercado em tempo real