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About FedEx
FedEx Archives: 2003 Press Releases
FedEx Corp. Board Declares Quarterly Dividend; Dividend Payment Increased by 20 PercentMEMPHIS, Tenn.--(BUSINESS WIRE)--Dec. 1, 2003--The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.06 per share on FedEx Corporation common stock, an increase of $0.01 per share over the previous dividend payment. The dividend is payable January 2, 2004 to stockholders of record at the close of business on December 12, 2003. Although each quarterly dividend is subject to review and approval by the Board of Directors, the Company intends to evaluate its dividend payment amount on an annual basis at the end of each fiscal year. With annual revenues of $23 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small-package ground delivery service; FedEx Freight, the largest U.S. provider of regional less- than-truckload freight services; FedEx Custom Critical, North America's largest provider of expedited time-critical shipments; and FedEx Trade Networks, North America's largest customs broker and a provider of international freight forwarding and trade facilitation services. FedEx ranked highest in the J.D. Power and Associates 2002 Small Package Delivery Service Business Customer Satisfaction Study(SM) in the categories of air, ground and international delivery services. --30--TLM/na*
CONTACT: FedEx Corporation, Memphis
Media Contact:
Shirlee Clark, 901-818-7463
or
Investor Contact:
Jim Clippard, 901-818-7468
Home Page: fedex.com
KEYWORD: TENNESSEE
INDUSTRY KEYWORD: TRANSPORTATION DIVIDEND
SOURCE: FedEx Corporation
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