FedEx has a forward price-to-earnings ratio of just 14.3 compared to 16.8 for UPS. Both companies substantially increased their dividends during the expansion period a few years ago, with moderate ...

FedEx's recently lowered guidance ... while UPS continued to make modest annual increases to its payout. Now, UPS' dividend payments are absorbing the bulk of its FCF and earnings.

Additionally, both companies feature robust dividends that have never been cut. With their yields now pushed higher, FedEx and UPS likely present intriguing dividend-growth opportunities as well.

Zacks Investment Research Image Source: Zacks Investment Research As we can see, FedEx shares ... who enjoy getting paid, UPS has that covered with its 3.3% annual dividend yield with a payout ...

Amazon and FedEx have entered a package delivery deal, with FedEx becoming "one of several third-party partners to deliver ...

FedEx has posted respectable gains on the year compared to a 20% sell-off in UPS stock. ^SPX data by YCharts. Both companies have been under pressure in an oversupplied package delivery network.

FedEx just cut its fiscal-year adjusted earnings ... EPS and FCF fell while UPS continued to make modest annual increases to its payout. UPS Dividend Per Share (TTM) data by YCharts.