Dividend Contenders List: Top 20 Stocks

4. United Parcel Service, Inc. (NYSE:UPS)

Dividend Yield as of January 22: 6.05%

On January 21, Evercore ISI raised its price target on United Parcel Service, Inc. (NYSE:UPS) to $113 from $94 and kept an In Line rating on the shares. The analyst pointed to a mixed macro backdrop that continues to shape revenue expectations, while cost initiatives remain central to EPS growth. Looking ahead, fourth-quarter earnings are “expected to hold steady.”

On the strategic front, UPS said earlier in November that it completed the acquisition of Andlauer Healthcare Group, a Canada-based provider of healthcare-focused supply chain and cold chain logistics services. Under the deal terms, AHG shareholders received C$55.00 per share in cash, valuing the transaction at about C$2.2 billion, or roughly USD $1.6 billion.

The acquisition highlights UPS’s push to expand its specialty healthcare capabilities. By adding AHG’s cold chain network and sector expertise, UPS aims to shorten transit times, improve end-to-end visibility, extend its global reach, and strengthen quality assurance for healthcare customers.

United Parcel Service, Inc. (NYSE:UPS) offers integrated logistics and transportation services to customers in more than 200 countries and territories worldwide.