ArcBest® Declares an $0.08/Share Quarterly Dividend

Rhea-AI Summary

ArcBest (Nasdaq: ARCB) announced a quarterly cash dividend of $0.08 per share for common stockholders. The dividend will be payable on August 21, 2020, to shareholders of record as of August 7, 2020. This declaration reflects the company's ongoing commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.08 per share benefits shareholders.
• Dividend payment scheduled indicates company confidence in financial stability.

Negative

• None.

FORT SMITH, Ark., July 24, 2020 /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 August 7, 2020, payable on August 21, 2020.

ABOUT ARCBEST

ArcBest^® (Nasdaq: ARCB) is a leading logistics company with creative problem solvers who deliver innovative solutions for our customers' supply chain needs. We'll find a way to deliver knowledge, expertise and a can-do attitude with every shipment and supply chain solution, household move or vehicle repair. At ArcBest, we're More Than Logistics^®. 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 declared a quarterly cash dividend of $0.08 per share.

When will the dividend be paid by ArcBest?

The dividend will be paid on August 21, 2020.

What is the record date for ArcBest's dividend?

The record date for the dividend is August 7, 2020.