07.06.2016 - The FedEx raised the dividend by 60%
American corporation FedEx announced raising its quarterly dividend by 60% to 40 cents per share compared with 25 cents per share previously. Giant of delivery service has made a profit that exceeded analysts' estimates amid growing e-commerce segment. This year the company plans to increase capital spending to 4.8 billion dollars with an aim to expand the number of offices. We expect further growth in the company's shares on the background of growth in sales through the Internet. Upside to the end of the year is 25-30%.