FedEx Corp. Board Increases Quarterly Dividend Five Percent

The Board of Directors of FedEx Corp. (NYSE:FDX) today approved an increase in the annual dividend rate on FedEx Corp. common stock of 5%, or $0.28 per share, to $5.80 per share for fiscal 2026 in line with the company's continued focus on delivering stockholder value. The Board today also declared a quarterly cash dividend of $1.45 per share on FedEx Corp. common stock. The dividend is payable July 8, 2025 to stockholders of record at the close of business on June 23, 2025.

"Increasing our annual dividend for the fifth consecutive year signals FedEx's continued commitment to creating value for our stockholders," said John W. Dietrich, executive vice president and chief financial officer of FedEx Corp. "Our capital allocation approach remains disciplined, balancing dividends, share repurchases, and prudent investment in the business."

FedEx Corp. (NYSE:FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $88 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to management's views with respect to future events and financial performance and underlying assumptions. Forward-looking statements include those preceded by, followed by or that include the words "will," "may," "could," "would," "should," "believes," "expects," "forecasts," "anticipates," "plans," "estimates," "targets," "projects," "intends" or similar expressions. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, the factors which can be found in FedEx Corp.'s and its subsidiaries' press releases and FedEx Corp.'s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. We do not undertake or assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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