ArcBest Declares a $0.12/Share Quarterly Dividend

Rhea-AI Summary

The Board of Directors of ArcBest (Nasdaq: ARCB) has announced a quarterly cash dividend of $0.12 per share. This dividend will be distributed to stockholders on record as of November 11, 2022, with a payment date set for November 25, 2022. This decision reflects ArcBest's commitment to returning value to shareholders amidst its operation as a significant player in the logistics sector, with over 15,000 employees across over 250 locations.

Positive

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

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• None.

FORT SMITH, Ark., Oct. 28, 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 November 11, 2022, payable on November 25, 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 

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SOURCE ArcBest

FAQ

What is the dividend amount declared by ArcBest?

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

When is the dividend payment date for ArcBest?

The dividend payment date for ArcBest is November 25, 2022.

What is the record date for the dividend by ArcBest?

The record date for the dividend by ArcBest is November 11, 2022.

How frequently does ArcBest pay dividends?

ArcBest typically pays dividends on a quarterly basis.

Is the dividend from ArcBest sustainable?

The sustainability of ArcBest's dividend can be assessed through the company's financial health and performance.