FedEx (FDX) Dividend History & Yield
Dividend ChallengerFedEx (FDX) has increased its dividend for 6 consecutive years and currently yields 1.50%. The most recent dividend was $1.4500/share on Apr 1, 2026, paid Quarterly.
FDX
Current Yield
1.50%
TTM Dividend/Share
$5.80
Payment Frequency
Quarterly
Payout Ratio
31.1%
Consecutive Growth Years
6 (Dividend Challenger)
Div Growth (1Y CAGR)
6.11%
Div Growth (5Y CAGR)
17.12%
Div Growth (10Y CAGR)
19.69%
FDX: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
18.6%
FCF payout ratio
7.8%
Net debt / EBITDA
3.2x
Interest coverage
15.90x
ROIC (TTM)
7.1%
Dividend Safety Score
4 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 31.1%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($12.27) covers dividend/share ($5.80).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 6 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 7.8%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 3.2x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (17.1%) exceeds EPS growth (-27.4%) — payout ratio expanding.
Per-payment dividend history
Ex-date Mar 9, 2026
- Payment date
- Apr 1, 2026
- Dividend
- $1.4500
- Adj. dividend
- $1.4500
Ex-date Dec 15, 2025
- Payment date
- Jan 6, 2026
- Dividend
- $1.4500
- Adj. dividend
- $1.4500
Ex-date Sep 8, 2025
- Payment date
- Oct 1, 2025
- Dividend
- $1.4500
- Adj. dividend
- $1.4500
Ex-date Jun 23, 2025
- Payment date
- Jul 8, 2025
- Dividend
- $1.4500
- Adj. dividend
- $1.4500
Ex-date Mar 10, 2025
- Payment date
- Apr 1, 2025
- Dividend
- $1.3800
- Adj. dividend
- $1.3800
Ex-date Dec 9, 2024
- Payment date
- Jan 3, 2025
- Dividend
- $1.3800
- Adj. dividend
- $1.3800
Ex-date Sep 9, 2024
- Payment date
- Oct 1, 2024
- Dividend
- $1.3800
- Adj. dividend
- $1.3800
Ex-date Jun 24, 2024
- Payment date
- Jul 9, 2024
- Dividend
- $1.3800
- Adj. dividend
- $1.3800
Ex-date Mar 8, 2024
- Payment date
- Apr 1, 2024
- Dividend
- $1.2600
- Adj. dividend
- $1.2600
Ex-date Dec 8, 2023
- Payment date
- Jan 2, 2024
- Dividend
- $1.2600
- Adj. dividend
- $1.2600
Ex-date Sep 8, 2023
- Payment date
- Oct 2, 2023
- Dividend
- $1.2600
- Adj. dividend
- $1.2600
Ex-date Jun 9, 2023
- Payment date
- Jul 3, 2023
- Dividend
- $1.2600
- Adj. dividend
- $1.2600
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Mar 9, 2026 | Apr 1, 2026 | $1.4500 | $1.4500 |
| Dec 15, 2025 | Jan 6, 2026 | $1.4500 | $1.4500 |
| Sep 8, 2025 | Oct 1, 2025 | $1.4500 | $1.4500 |
| Jun 23, 2025 | Jul 8, 2025 | $1.4500 | $1.4500 |
| Mar 10, 2025 | Apr 1, 2025 | $1.3800 | $1.3800 |
| Dec 9, 2024 | Jan 3, 2025 | $1.3800 | $1.3800 |
| Sep 9, 2024 | Oct 1, 2024 | $1.3800 | $1.3800 |
| Jun 24, 2024 | Jul 9, 2024 | $1.3800 | $1.3800 |
| Mar 8, 2024 | Apr 1, 2024 | $1.2600 | $1.2600 |
| Dec 8, 2023 | Jan 2, 2024 | $1.2600 | $1.2600 |
| Sep 8, 2023 | Oct 2, 2023 | $1.2600 | $1.2600 |
| Jun 9, 2023 | Jul 3, 2023 | $1.2600 | $1.2600 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
FedEx has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 6 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $5.7300 | — | — |
| 2025 | $5.4000 | $5.7300 | +6.1% |
| 2024 | $4.9300 | $5.4000 | +9.5% |
| 2023 | $4.2000 | $4.9300 | +17.4% |
| 2022 | $2.9000 | $4.2000 | +44.8% |
| 2021 | $2.6000 | $2.9000 | +11.5% |
| 2020 | $2.6000 | $2.6000 | 0.0% |
| 2019 | $2.4500 | $2.6000 | +6.1% |
| 2018 | $1.9000 | $2.4500 | +28.9% |
| 2017 | $1.4500 | $1.9000 | +31.0% |
| 2016 | $0.9500 | $1.4500 | +52.6% |
| 2015 | $0.7500 | $0.9500 | +26.7% |
| 2014 | $0.5900 | $0.7500 | +27.1% |
| 2013 | $0.5500 | $0.5900 | +7.3% |
| 2012 | $0.5100 | $0.5500 | +7.8% |
| 2011 | $0.4700 | $0.5100 | +8.5% |
| 2010 | $0.4400 | $0.4700 | +6.8% |
| 2009 | $0.4300 | $0.4400 | +2.3% |
| 2008 | $0.3900 | $0.4300 | +10.3% |
| 2007 | $0.3500 | $0.3900 | +11.4% |
| 2006 | $0.3100 | $0.3500 | +12.9% |
| 2005 | $0.2700 | $0.3100 | +14.8% |
| 2004 | $0.2100 | $0.2700 | +28.6% |
| 2003 | — | $0.2100 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for FedEx (FDX) from the consolidated cash flow statement, in USD as filed.
Latest period
$1.36B
YoY change
+6.4%
5Y CAGR
+14.5%
Peak year (2025)
$1.34B
Latest annual
$1.34B
Cash dividends paid over time for FedEx (FDX)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for FedEx (FDX)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.34B | +6.4% | +$80.00M | ||
| 2024 | $1.26B | +7.0% | +$82.00M | ||
| 2023 | $1.18B | +48.4% | +$384.00M | ||
| 2022 | $793.00M | +15.6% | +$107.00M | ||
| 2021 | $686.00M | +1.0% | +$7.00M | ||
| 2020 | $679.00M | -0.6% | -$4.00M | ||
| 2019 | $683.00M | +27.7% | +$148.00M | ||
| 2018 | $535.00M | +25.6% | +$109.00M | ||
| 2017 | $426.00M | +53.8% | +$149.00M | ||
| 2016 | $277.00M | +22.0% | +$50.00M | ||
| 2015 | $227.00M | +21.4% | +$40.00M | ||
| 2014 | $187.00M | +5.6% | +$10.00M | ||
| 2013 | $177.00M | +7.9% | +$13.00M | ||
| 2012 | $164.00M | +8.6% | +$13.00M | ||
| 2011 | $151.00M | +9.4% | +$13.00M | ||
| 2010 | $138.00M | +0.7% | +$1.00M | ||
| 2009 | $137.00M | +10.5% | +$13.00M | ||
| 2008 | $124.00M | +12.7% | +$14.00M | ||
| 2007 | $110.00M | +13.4% | +$13.00M | ||
| 2006 | $97.00M | +15.5% | +$13.00M | ||
| 2005 | $84.00M | +27.3% | +$18.00M | ||
| 2004 | $66.00M | +10.0% | +$6.00M | ||
| 2003 | $60.00M | — | +$60.00M | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | -100.0% | -$7.79M | ||
| 1998 | $7.79M | -77.6% | -$27.01M | ||
| 1997 | $34.80M | -36.4% | -$19.90M | ||
| 1996 | $54.70M | — | +$54.70M | ||
| 1995 | $0 | — | $0 | ||
| 1994 | $0 | — | $0 | ||
| 1993 | $0 | — | $0 | ||
| 1992 | $0 | — | $0 | ||
| 1991 | $0 | — | $0 | ||
| 1990 | $0 | — | — |
FedEx (FDX) most recent annual dividends paid stands at $1.34B (2025) – grew 6.4% year-over-year.
FedEx dividends paid compound annual growth for the 2020–2025 (5 years) window is +14.5%, sustaining 5 straight years of year-over-year growth.
2025 marks the peak dividends paid at $1.34B, with the historical low of $0 recorded in 1990.
FedEx (FDX) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $2.23B.
FedEx Dividends Paid 2025: $1.34B
FedEx dividends paid in 2025 was $1.34B, grew 6.4% from 2024. This figure represents the highest annual value in the available history.
FedEx Dividends Paid 2024: $1.26B
FedEx dividends paid in 2024 was $1.26B, grew 7.0% from 2023.
FedEx Dividends Paid 2023: $1.18B
FedEx dividends paid in 2023 was $1.18B, surged 48.4% from 2022.
FedEx Dividends Paid 2022: $793.00M
FedEx dividends paid in 2022 was $793.00M, grew 15.6% from 2021.
FedEx Dividends Paid 2021: $686.00M
FedEx dividends paid in 2021 was $686.00M.
See more financial history for FedEx (FDX).
Sector peers by dividends paid
Companies in the same sector as FedEx, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| RTX (RTX) | $3.57B | Industrials |
| Union Pacific (UNP) | $3.24B | Industrials |
| Honeywell International (HON) | $2.98B | Industrials |
| Caterpillar (CAT) | $2.75B | Industrials |
| Deere & Company (DE) | $1.72B | Industrials |
| Eaton Corporation (ETN) | $1.63B | Industrials |
| GE Aerospace (GE) | $1.45B | Industrials |
| Boeing (BA) | $0 | Industrials |
Frequently asked questions
Does FedEx pay dividends?
Yes, FedEx (FDX) pays quarterly dividends of approximately $5.80 per share annually, yielding 1.50%.
What is FedEx's dividend yield?
FedEx (FDX) has a current dividend yield of 1.50%.
Is FedEx's dividend safe?
FedEx (FDX) passes 4 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has FedEx increased its dividend?
FedEx (FDX) has 6 consecutive years of dividend increases.
What is FedEx's dividend payout ratio?
FedEx (FDX) has a dividend payout ratio of 31.1%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is FedEx's dividends paid?
Latest reported dividends paid for FedEx (FDX) is $1.36B (period ending February 28, 2026).
How has FedEx dividends paid changed year-over-year?
FedEx (FDX) dividends paid changed +6.4% year-over-year on the latest annual filing.
What is the long-term growth rate of FedEx dividends paid?
FedEx (FDX) dividends paid compound annual growth rate is +14.5% over the most recent 5 years available.
When did FedEx dividends paid hit its highest annual value?
FedEx dividends paid reached its highest annual value of $1.34B in 2025.
What was FedEx dividends paid in 2024?
FedEx (FDX) dividends paid in 2024 was $1.26B.
What was FedEx dividends paid in 2025?
FedEx (FDX) dividends paid in 2025 was $1.34B.
Comparison
Explore more
FDX Overview
Company profile, financial tools, and key metrics
FDX Revenue Counter
Earns $2,915 every second. See per minute, hour, and day.
FDX Earnings Counter
Earns $142.19 per second net profit. See per minute, hour, and day.
FDX Economic Scale
Exceeds Serbia's GDP. Compare with world economies.
FDX What If Invested
What if you had invested $1,000? See historical returns from any date.
FDX How It Makes Money
Discover visual breakdown of $91.93B in revenue — where it comes from and where it goes.
FDX Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
FDX Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
FDX Daily Price Character
Balanced · 48.5% historical win rate (green days). Streaks & record days.
FDX Buybacks
1.38% TTM buyback yield. Shareholder yield & SBC comparison.
FDX Stock Split History
5 splits on record. Dates, ratios, and cumulative multiple.
FDX Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
FDX Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
FDX Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
FDX Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.