C.H. Robinson Announces 9 Percent Increase to Quarterly Cash Dividend

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Get Alerts CHRW Hot Sheet

Price: $149.66 -0.49%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 1.7%

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MINNEAPOLIS--(BUSINESS WIRE)-- C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared an increase to its regular quarterly cash dividend to 50 cents ($0.50) per share from 46 cents ($0.46) per share, payable on December 31, 2018, to shareholders of record on December 17, 2018.

C.H. Robinson has distributed regular dividends for more than twenty-five years. As of December 6, 2018, there were approximately 137,546,260 shares outstanding.

About C.H. Robinson
At C.H. Robinson, we believe in accelerating global trade to seamlessly deliver the products and goods that drive the world’s economy. Using the strengths of our knowledgeable people, proven processes, and global technology, we help our customers work smarter, not harder. As one of the world’s largest third-party logistics providers (3PL), we provide a broad portfolio of logistics services, fresh produce sourcing and managed services for more than 120,000 customers and 73,000 active contract carriers through our integrated network of offices and over 15,000 employees. In addition, the company, our Foundation and our employees contribute millions of dollars annually to a variety of organizations. Headquartered in Eden Prairie, Minnesota, C.H. Robinson (CHRW) has been publicly traded on the NASDAQ since 1997. For more information, visit http://www.chrobinson.com or view our company video.

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