Federal authorities warned against the infection risks of using insulin pens on more than one patient, and officials on Monday asked why a Buffalo veterans hospital may have used the pens on many patients, causing an HIV scare. (Jan. 15)
UPS raises dividend to 62 cents from 57 cents
Published: 11:24:25 PM, Thu 14 February 2013 UTC
ATLANTA (AP) — United Parcel Service Inc., the world's biggest package-delivery company, said Thursday that it will raise its quarterly dividend to 62 cents from 57 cents.
That's an increase of 8.8 percent. It is payable March 12 to shareholders of record on Feb. 25.
The company also reauthorized its stock repurchase program, which is worth a total of $10 billion. On Jan. 31 UPS said it plans to buy back $4 billion in stock in 2013, up from its previous plan of $1.5 billion.
And UPS said John Thompson won't stand for re-election to its board of directors. Thompson has been on the board since 2000, and his term expires in May. He is CEO of Virtual Instruments Corp. and former chairman and CEO of computer security and data storage company Symantec Corp.
Tags:
ap, john thompson, jan., ups, virtual instruments corp., cents, feb., inc., thursday, shareholders, world, finance, record, re-election, percent, chairman, total, ceo, board, corporation, stock, term, business, stock market, atlanta, quarterly dividend, increase, board of directors, corporate governance, corporate title, fiduciary, united parcel service, stock repurchase program, biggest package-delivery company, storage company symantec, previous plan
