Why I Just Bought This Badly Beaten-Down, 6.6%-Yielding Dividend Stock and Plan to Buy Even More

It has a plan to turn things around, which includes shrinking its volumes to grow its free cash flow. Tariffs, slowing economic growth, and low margins on volumes from its largest customer, Amazon (NASDAQ: AMZN), have impacted the leading global logistics company's revenue and cash flow, which has, in turn, weighed on its share price. For an income-focused investor like myself, UPS' big-time dividend yield is very appealing.