FedEx (FDX) traded at an all-time high today, up 8.64, translating into a 6.16% gain on a volume of 5.6 million shares. A $.20 dividend will be paid to shareholders of record as of June 19, 2014.
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chart from money.cnn.com |
Their May ended quarter results were much better than expected at $2.46 per share. The FedEx air fleet has been able to use new Boeing 777 planes which are efficient energy users.
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Boeing 777 | | | |
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The company's strengths are seen in many areas as
an article in thestreet.com points out.