Forward Air (FWRD) Declares $0.15 Quarterly Dividend; 1.5% Yield

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Go back to Forward Air (FWRD) Declares $0.15 Quarterly Dividend; 1.5% Yield

Forward Air Corporation Announces 25% Dividend Increase

October 26, 2016 4:01 PM EDT

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) (the Company) today announced that its Board of Directors approved a 25% increase to the Companys quarterly dividend, raising it from $0.12 to $0.15 per share of common stock. The dividend is payable to shareholders of record at the close of business on November 23, 2016 and is expected to be paid on December 9, 2016.

This quarterly dividend is made pursuant to a cash dividend policy approved by the Board of Directors, which anticipates a total annual dividend of $0.60 per share of common stock, payable in quarterly... More