Relax Its Fedex

Fedex (FDX) declared the same old dividend at $0.11 per share payable Jan 2 to holders as at close of business Dec 12 which just happens to be a Friday. So let’s see the company is warning of poor economic conditions and strong head winds in revenue growth. But they keep the dividend the same and they let you sell the stock for tax loss purposes after you qualify for the dividend and then re-buy early in the New Year before too much will get going. That’s very well thought out on many levels.