The Board of Directors of FedEx Corp. declared a quarterly cash dividend of $1.22 per share on FedEx Corp. common stock.

The dividend is payable July 7, 2026, to stockholders of record at the close of business on June 22, 2026. The Board of Directors of FedEx Corp. approved a 5% increase in the annual dividend rate on FedEx Corp.

common stock, after a one-time annual rate adjustment in connection with the spin-off of FedEx Freight. The dividend increase and spin-off adjustment result in an annualized dividend rate of $4.88 for the transition period covering June 1, 2026 through Dec. 31, 2026.