C.H. Robinson Declares Quarterly Cash Dividend

Rhea-AI Summary

C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) announced a quarterly cash dividend of $0.55 per share, payable on October 3, 2022, for shareholders on record as of September 2, 2022. The company has consistently paid uninterrupted dividends for over twenty years. As of August 3, 2022, C.H. Robinson had approximately 123.8 million shares outstanding. With $28 billion in freight managed and 20 million shipments annually, it stands as a major player in global logistics, serving around 100,000 customers worldwide.

Positive

• Declared a quarterly dividend of $0.55, reflecting strong financial health.
• Consistent dividend payments for over 20 years demonstrate stability and reliability.
• Managed approximately $28 billion in freight, indicating robust business activity.

Negative

• None.

EDEN PRAIRIE, Minn.--(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 October 3, 2022, to shareholders of record on September 2, 2022.

C.H. Robinson has distributed uninterrupted dividends without decline for more than twenty years. As of August 3, 2022, there were approximately 123,807,664 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/20220804005817/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?

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

When will the dividend be paid to shareholders?

The dividend will be paid on October 3, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is September 2, 2022.

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

C.H. Robinson has paid uninterrupted dividends for over 20 years.