Forward Air (FWRD) Declares $0.12 Quarterly Dividend; 1% Yield

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Go back to Forward Air (FWRD) Declares $0.12 Quarterly Dividend; 1% Yield

Forward Air Corporation Announces Authorization and Declaration of Quarterly Cash Dividend

April 29, 2016 9:00 AM EDT

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) today announced that its Board of Directors declared a quarterly cash dividend of $0.12 per share of common stock. The dividend is payable to shareholders of record at the close of business on May 31, 2016 and is expected to be paid on June 13, 2016.

This quarterly dividend is pursuant to a cash dividend policy approved by the Board of Directors, which anticipates a total annual dividend of $0.48 per share of common stock, payable in quarterly increments of $0.12 per share of common stock. The actual declaration of... More