United Parcel Service's dividend faces risks due to declining sales, high costs, and economic challenges. Read here for an ...

However, I think that the closed-end Guggenheim Strategic Opportunities Fund (GOF 0.20%), the home appliance company Whirlpool (WHR 3.16%), and UPS (UPS 2.33%) are likely to reduce their dividends ...

UPS’ board approved a small dividend hike in February this year, thereby raising its quarterly cash dividend to $1.64 per share ($6.56 annualized) from $1.63 ($6.52 annualized).

UPS data by YCharts. When the world found a way to live with COVID and opened back up again, investors dumped UPS shares. The stock is now down more than 50% from the highs it reached in 2022.

The good news is that even if UPS cuts its dividend, it will still offer investors a compelling yield, given that the current yield is 6.5%.