C. H. Robinson Worldwide (CHRW) Declares $0.46 Quarterly Dividend; 15M Share Buyback

C. H. Robinson Worldwide (NASDAQ: CHRW) declared a quarterly dividend of $0.46 per share, or $1.84 annualized. The dividend will be payable on June 29, 2018, to stockholders of record on June 1, 2018, with an ex-dividend date of May 31, 2018. The annual yield on the dividend is 2.2 percent.

In addition, on May 10, 2018, the Board of Directors increased the company’s share repurchase authorization by an additional 15 million shares of common stock. C.H. Robinson had approximately 1.2 million shares remaining under its share repurchase authorization, which was authorized by the Board in 2013. Repurchases may be made from time to time at prevailing prices in the open market or in privately negotiated transactions, subject to market conditions and other factors.

For a dividend history and other dividend-related data on C. H. Robinson Worldwide (CHRW) click here.

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