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C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) has increased its quarterly cash dividend to $0.61 per share from $0.55, payable on January 3, 2023 to shareholders on record by December 2, 2022. This marks the company's uninterrupted dividend distribution for over twenty years. With approximately 116 million shares outstanding as of November 16, 2022, C.H. Robinson manages $28 billion in freight and conducts around 20 million shipments annually, positioning itself as a leading logistics provider.
Positive
Dividend increased from $0.55 to $0.61, signaling financial strength.
Uninterrupted dividend distribution for over 20 years indicates stability and commitment to shareholders.
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 an increase to its regular quarterly cash dividend to 61 cents ($0.61) per share from 55 cents ($0.55) per share, payable on January 3, 2023, to shareholders of record on December 2, 2022.
C.H. Robinson has distributed uninterrupted dividends without decline for more than twenty years. As of November 16, 2022, there were approximately 116,457,591 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).
