FedEx board hikes quarterly dividend to 13 cents

SAN FRANCISCO (MarketWatch) — FedEx Corp. said late Monday its board raised the company’s quarterly dividend by a penny to 13 cents a share. The dividend will be paid July 1 to shareholders of record as of June 17. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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