C.H. Robinson Declares Quarterly Cash Dividend

Rhea-AI Summary

C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) declared a quarterly cash dividend of $0.55 per share, payable on July 1, 2022, to shareholders on record as of June 3, 2022. The company has maintained uninterrupted dividend payments for over twenty years, with approximately 127 million shares outstanding as of May 5, 2022. C.H. Robinson is a leading global logistics platform, managing $28 billion in freight annually and executing 20 million shipments. Its services support over 100,000 customers and 85,000 contract carriers.

Positive

• Quarterly cash dividend of $0.55 per share announced.
• Uninterrupted dividend payments for over 20 years.
• Strong logistics business with $28 billion in freight under management.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared a regular quarterly cash dividend of 55 cents ($0.55) per share, payable on July 1, 2022, to shareholders of record on June 3, 2022.

C.H. Robinson has distributed uninterrupted dividends without decline for more than twenty years. As of May 5, 2022, there were approximately 127,196,195 shares outstanding.

About C.H. Robinson

C.H. Robinson solves logistics problems for companies across the globe and across industries, from the simple to the most complex. With $28 billion in freight under management and 20 million shipments annually, we are one of the world’s largest logistics platforms. Our global suite of services accelerates trade to seamlessly deliver the products and goods that drive the world’s economy. With the combination of our multimodal transportation management system and expertise, we use our information advantage to deliver smarter solutions for our 100,000 customers and 85,000 contract carriers. Our technology is built by and for supply chain experts to bring faster, more meaningful improvements to our customers’ businesses. As a responsible global citizen, we are also proud to contribute millions of dollars to support causes that matter to our company, our Foundation and our employees. For more information, visit us at www.chrobinson.com (Nasdaq: CHRW).

CHRW-IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20220505006048/en/

Chuck Ives, Director of Investor Relations

Email: chuck.ives@chrobinson.com

Source: C.H. Robinson

FAQ

What is the dividend amount declared by C.H. Robinson for July 2022?

C.H. Robinson declared a dividend of $0.55 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on July 1, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is June 3, 2022.

How long has C.H. Robinson been paying dividends?

C.H. Robinson has been paying uninterrupted dividends for over twenty years.

How many shares are outstanding for C.H. Robinson?

As of May 5, 2022, there were approximately 127,196,195 shares outstanding.