C.H. Robinson Worldwide (CHRW) will raise its quarterly dividend by 2.2 percent to $0.46 per share in the fourth quarter of 2017. Last year CHRW hiked its dividend by 4.7 percent. Today’s dividend increase marks the 20th consecutive year of dividend increases by the logistics company.
The increased dividend is payable on December 29, 2017, to shareholders of record on December 18, 2017. The new dividend yield for CHRW is 2.1%.
C.H. Robinson is a third-party logistics provider delivering logistics services, fresh produce sourcing and managed services. The company has operations in North America, Europe, Asia, Australia, New Zealand and South America. Headquartered in Eden Prairie, Minnesota, C.H. Robinson has been publicly traded on the NASDAQ since 1997.
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