C.H. Robinson Maintains Dividend


C.H. Robinson Worldwide is shipping a new dividend to its stockholders. The company announced its latest quarterly distribution, which amounts to $0.35 per share. This is to be disbursed on June 28 to shareholders of record as of June 7. That amount matches each of Robinson's preceding two payouts, the most recent of which was paid in late March.

In the press release announcing the dividend declaration, the company pointed out that it has paid regular shareholder distributions for over 25 years.

The current dividend annualizes to $1.40 per share. That yields 2.5% at Robinson's most recent closing stock price of $56.00.

The article C.H. Robinson Maintains Dividend originally appeared on Fool.com.

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