The board of directors of FedEx Corp., Memphis, Tenn. has declared a quarterly cash dividend of $0.05 per share on FedEx Corp. common stock.

The dividend is payable Oct. 1, 2003 to stockholders of record at the close of business on Sept. 10, 2003.
With annual revenues of $22 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply chain management services.
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