Aug. 24 2006 11:11 AM

The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 38-cents per share on all outstanding Class A and Class B shares.

The dividend is payable Sept. 6, 2006, to shareholders of record on Aug. 21, 2006.

UPS has raised its quarterly payout 81% since February 2003.

UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. UPS's stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at