United Parcel Service: The Dividend Is Why We Just Bought 250 Shares

United Parcel Service, Inc. has underperformed, falling nearly 30% YTD, but offers a compelling 7.5% dividend yield and trades at a low P/E. Earnings and cash flow are pressured by tariffs, declining U.S. volumes, and high fixed costs, though international business remains resilient. Management is focused on cost reductions, restructuring, and repricing, with share buybacks and efficiency improvements supporting future margins.