ArcBest Declares a $0.12/Share Quarterly Dividend

Rhea-AI Summary

ArcBest® (Nasdaq: ARCB) has announced a quarterly cash dividend of $0.12 per share for its Common Stock, with a record date of February 14, 2023. The dividend is scheduled for payment on February 28, 2023. This decision underscores ArcBest's commitment to returning value to its shareholders while maintaining strong operational performance as a leader in integrated logistics.

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• Quarterly cash dividend of $0.12 per share highlights commitment to shareholder returns.

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FORT SMITH, Ark., Jan. 31, 2023 /PRNewswire/ -- The Board of Directors of ArcBest® (Nasdaq: ARCB) has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, $0.01 par value, on February 14, 2023, payable on February 28, 2023.

ABOUT ARCBEST

ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with over 15,000 employees across more than 250 campuses and service centers, the company is a logistics powerhouse, fueled by the simple notion of finding a way to get the job done. Through innovative thinking, agility and trust, ArcBest leverages their full suite of shipping and logistics solutions to meet customers' critical needs, each and every day. For more information, visit arcb.com.

Investor Relations Contact:
David Humphrey
Title: Vice President – Investor Relations
Phone: 479-785-6200 
Email: dhumphrey@arcb.com

Media Contact: Autumnn Mahar
Title: Senior Manager, PR and Social
Phone: 479-494-8221
Email: amahar@arcb.com

 

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SOURCE ArcBest

FAQ

What is the dividend amount for ArcBest (ARCB)?

ArcBest has declared a quarterly cash dividend of $0.12 per share.

When is the dividend payment date for ARCB?

The dividend is payable on February 28, 2023.

What is the record date for ArcBest's dividend?

The record date for the dividend is February 14, 2023.

How often does ArcBest pay dividends?

ArcBest typically pays dividends quarterly.

Is Arcbest's dividend sustainable?

The press release does not provide specific information regarding the sustainability of the dividend.