ArcBest Declares a $0.12/Share Quarterly Dividend

Rhea-AI Summary

ArcBest (Nasdaq: ARCB) announced a quarterly cash dividend of $0.12 per share, payable on August 24, 2022. Shareholders on record as of August 10, 2022 will be eligible for this dividend. The decision reflects the company's commitment to returning value to its shareholders amidst its robust logistics operations.

Positive

• Quarterly cash dividend of $0.12 per share demonstrates commitment to shareholder value.

Negative

• None.

FORT SMITH, Ark., July 27, 2022 /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 August 10, 2022, payable on August 24, 2022.

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 

View original content to download multimedia:https://www.prnewswire.com/news-releases/arcbest-declares-a-0-12share-quarterly-dividend-301594722.html

SOURCE ArcBest

FAQ

What is the dividend amount for ARCB in August 2022?

The dividend amount for ArcBest (ARCB) in August 2022 is $0.12 per share.

When will the ARCB dividend be paid?

The ARCB dividend will be paid on August 24, 2022.

What is the record date for the ARCB dividend?

The record date for the ARCB dividend is August 10, 2022.

How frequently does ArcBest pay dividends?

ArcBest typically pays dividends quarterly.

Is the ARCB dividend sustainable?

The sustainability of the ARCB dividend can depend on the company's overall financial health and profitability.