C.H. Robinson Declares Quarterly Cash Dividend

Rhea-AI Summary

C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) announced a quarterly cash dividend of $0.61 per share, payable on April 3, 2023, to shareholders on record as of March 3, 2023. This dividend marks a continuation of the company’s commitment to returning cash to investors and reflects a strong track record of uninterrupted annual dividend increases over the past 25 years. Additionally, C.H. Robinson has been added to the S&P 500 Dividend Aristocrats Index, a recognition given to companies that have consistently raised dividends for at least 25 consecutive years. As of February 8, 2023, C.H. Robinson had approximately 116.4 million shares outstanding.

Positive

• Declared quarterly dividend of $0.61 per share.
• Included in S&P 500 Dividend Aristocrats Index.
• 25 consecutive years of increasing dividends.

Negative

• None.

Company Recently Added to S&P 500 Dividend Aristocrats Index

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 61 cents ($0.61) per share, payable on April 3, 2023, to shareholders of record on March 3, 2023. As of February 8, 2023, there were approximately 116,356,778 shares outstanding.

C.H. Robinson has distributed uninterrupted dividends that have increased annually on a per share basis for twenty-five years, thereby earning a designation as one of only 64 constituents in the S&P 500® Dividend Aristocrats® Index. “C.H. Robinson has a long history of growing our dividend as an important method to return cash to our shareholders,” said Mike Zechmeister, Chief Financial Officer.

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 $30 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/20230209005703/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 $0.61 per share.

When will C.H. Robinson pay its next dividend?

The next dividend will be paid on April 3, 2023.

What is the record date for C.H. Robinson's dividend?

The record date for the dividend is March 3, 2023.

How long has C.H. Robinson been increasing its dividends?

C.H. Robinson has increased its dividends annually for 25 consecutive years.

What recognition has C.H. Robinson received for its dividends?

C.H. Robinson has been added to the S&P 500 Dividend Aristocrats Index.