ArcBest® Declares an $0.08/Share Quarterly Dividend

Rhea-AI Summary

ArcBest (Nasdaq: ARCB) has declared a quarterly cash dividend of $0.08 per share for its Common Stock. Holders of record will receive this payment on February 25, 2022, with the record date set for February 11, 2022. This decision reflects the company’s commitment to returning value to its shareholders. ArcBest is a leading integrated logistics company, operational since 1923, employing over 14,000 individuals across more than 250 service locations worldwide.

Positive

• Quarterly cash dividend of $0.08 per share enhances shareholder value.

Negative

• None.

FORT SMITH, Ark., Jan. 28, 2022 /PRNewswire/ -- The Board of Directors of ArcBest^® (Nasdaq: ARCB) has declared a quarterly cash dividend of eight cents ($0.08) per share to holders of record of its Common Stock, $0.01 par value, on February 11, 2022, payable on February 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 14,000 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 

 

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SOURCE ArcBest

FAQ

What is the dividend amount declared by ArcBest?

ArcBest has declared a quarterly cash dividend of $0.08 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on February 25, 2022.

What is the record date for the dividend?

The record date for the dividend is February 11, 2022.

How often does ArcBest pay dividends?

ArcBest typically pays dividends quarterly.

What is the significance of the dividend to investors?

The dividend reflects ArcBest's commitment to returning value to its shareholders.