A Top Dividend Stock to Think About
Compared to the high-flying tickers in the U.S. stock market, FedEx Corporation (NYSE:FDX) hasn’t been a hot commodity. Over the past 12 months, shares of this Memphis, Tennessee-based global shipping giant tumbled more.
Own FedEx Stock for Growing Dividends
For the most part, FedEx Corporation (NYSE:FDX) hasn’t been a staple for income investors. While the company is decades old and runs an established business, it did not have a dividend policy until 2002..
Is There Upside Ahead for FDX Stock?
A $100,000 investment in FedEx Corporation (NYSE:FDX) stock five years ago would now be valued at $240,950. With such stellar returns, is there more upside ahead to get excited for? Or is all.
FedEx Stock Tumbles in After-Hours Trading
FedEx Corporation (NYSE:FDX) stock climbed an impressive 36.4% over the past 12 months. But on Tuesday, December 20, it seemed to be losing its momentum. FedEx stock tumbled more than three percent in after-hours.
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