C.H. Robinson Maintains Dividend

C.H. Robinson Worldwide (NASDAQ: CHRW  ) is shipping a new dividend to its stockholders. The company announced its latest quarterly distribution, which amounts to $0.35 per share. This is to be disbursed on June 28 to shareholders of record as of June 7. That amount matches each of Robinson's preceding two payouts, the most recent of which was paid in late March.

In the press release announcing the dividend declaration, the company pointed out that it has paid regular shareholder distributions for over 25 years.

The current dividend annualizes to $1.40 per share. That yields 2.5% at Robinson's most recent closing stock price of $56.00.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2422332, ~/Articles/ArticleHandler.aspx, 3/30/2015 7:25:25 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...