FedEx Corp., which in June reported a net loss of $876 million for its latest quarter, said on Thursday that it will keeps its first fiscal quarterly cash dividend steady at 11 cents per share.
The parcel deliverer said the dividend would be payable on October 1 to stockholders of record at the close of business on September 10, 2009.
FedEx has kept its dividends at 11 cents per share for the previous five quarters, according to a a record on its website provided Mergent.
The company has not cut its dividends since it began declaring them in 2002 starting at 5 cents per share.
On the Web:
FedEx dividend payout history: