FedEx dividend history

FedEx's dividend was $5.80 a share in fiscal 2026, up 5.1% on the year before. That was 31.0% of net income. It has raised its dividend per share every year since fiscal 2024.

Dividends, buybacks and capital spending

FY2026 Q1 TTM

Buybacks (TTM): $2.5B
Dividends (TTM): $1.3B
Returned to shareholders: 106%; of free cash flow
Buybacks, last 3 fiscal years: $6.3B
Diluted share count: −0.4%; year over year
Dividend payout ratio: 35%; of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

FedEx: dividends by fiscal year, annual
Fiscal year	2010May 2010	2011May 2011	2012May 2012	2013May 2013	2014May 2014	2015May 2015	2016May 2016	2017May 2017	2018May 2018	2019May 2019	2020May 2020	2021May 2021	2022May 2022	2023May 2023	2024May 2024	2025May 2025	2026May 2026	LTMSept 2026
Dividend per share	—	$0.480	$0.520	$0.560	$0.600	$0.800	$1.00	$1.60	$2.00	$2.60	$2.60	$2.60	$3.00	$5.86	$3.78	$5.52	$5.80	—
Dividend per share growth	—	—	+8.3%	+7.7%	+7.1%	+33.3%	+25.0%	+60.0%	+25.0%	+30.0%	0.0%	0.0%	+15.4%	+95.3%	−35.5%	+46.0%	+5.1%	—
Dividends paid	138	151	164	177	187	227	277	426	535	683	679	686	793	1,177	1,259	1,339	1,374	—
Share buybacks	—	—	197	246	4,857	1,254	2,722	509	1,017	1,480	3	—	2,248	1,500	2,500	3,017	796	—
Dividends ÷ net income	11.7%	10.4%	8.1%	6.5%	8.0%	21.6%	15.2%	14.2%	11.7%	126.5%	52.8%	13.1%	20.7%	29.6%	29.1%	32.7%	31.0%	—
Dividends ÷ free cash flow	42.9%	24.9%	19.8%	13.5%	25.6%	22.3%	31.1%	—	—	555.3%	—	16.1%	25.8%	44.0%	40.1%	44.9%	26.9%	—

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

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Figures from FedEx's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to FedEx.