United Parcel Service is in the middle of a turnaround effort, and early progress suggests the business is getting stronger.United Parcel Service (UPS +0.04%) has a lofty 6.8% dividend yield, which might be enticing to income investors. But a dividend payout ratio over 100%, coupled with the business reset taking shape, pull the stock out of the dividend camp and put it firmly into the turnaround arena. From that vantage point, UPS could be very attractive. Here are three reasons why.1. United Parcel Servic ...