Smart investors looking for income also look to fast-growing, dominant companies. They take advantage of companies with large cash flows that ensure consistent dividend payments every year.

As far as package delivery is concerned, no company is bigger than 109-year-old United Parcel Service (UPS) . As the largest package delivery company in the world, it offers shareholders a 3.2% dividend yield. That is at least three times the average for the air delivery and freight service industry.

The more than $90 billion company dominates the package delivery business. UPS is nearly twice as large as competitors FedEx (FDX) and Deutsche Post (DPSGY) (DPSTF) .

Among global parcel shipment companies, UPS is considered one of the leaders, and it enjoys a wide moat when considered among other freight transportation companies. UPS delivers parcels each business day for 1.5 million shipping customers to 7.9 million receivers.

The company controls over half of the market, driven mostly by e-commerce shopping at Amazon (AMZN) and other websites.

UPS is expected to continue its dominance by deploying technology-enabled operations, industry-specific customer solutions, and expanding its global network to 220 countries.

Big companies sometimes face growth hurdles. For example, retail giant Wal-Mart (WMT) has struggled to grow sales in the past three years. And net profits have actually dropped.

From 2014 to 2016, UPS grew annual sales from $58.2 billion to $60.9 billion and profits from $3 billion to $3.4 billion. The numbers could be better, but remember, UPS is a huge company.

If you liked this article you might like

United Parcel Service Positioned to Deliver New Highs Down the Road

United Airlines Stock Will Struggle Until This Happens: Chart

Taylor Swift Just Caused One of the Biggest Changes Ever to the UPS Truck

Cramer: Harvey's Not an Issue for the Markets, the iPhone Is

Taylor Swift Is No Stranger To Weird Sponsorships