ArcBest Announces Quarterly Cash Dividend
FORT SMITH, Ark. – The Board of Directors of ArcBest, a leading multibillion-dollar integrated logistics company, has made an announcement regarding a quarterly cash dividend. The dividend is set at twelve cents ($0.12) per share for holders of record of its Common Stock, par value $0.01, on February 11, 2025. The payable date is scheduled for February 25, 2025.
About ArcBest
ArcBest, a company listed on Nasdaq under the symbol ARCB, was founded in 1923. Currently, it employs over 14,000 individuals across 250 campuses and service centers. The company’s integrated logistics services help keep the global supply chain functioning efficiently.
Impact on Shareholders
The declared dividend is a positive sign for ArcBest shareholders, indicating the company’s financial strength and commitment to returning value to its investors. The cash dividend provides a steady source of income for investors, contributing to their overall investment portfolio returns. For those relying on dividends as a primary source of income, the quarterly payment can be an essential component of their financial plan.
Impact on the World
The dividend declaration by ArcBest is a reflection of the company’s financial health and its confidence in the future business environment. This announcement can have a ripple effect on the economy as a whole. When a company like ArcBest distributes profits to its shareholders, it injects capital back into the economy, potentially leading to increased spending, economic growth, and job creation.
Conclusion
The declaration of a quarterly cash dividend by ArcBest not only benefits its shareholders but also contributes to the global economy. This financial commitment demonstrates the company’s resilience and commitment to its investors. As a shareholder, you can look forward to a steady income stream, while the broader economy benefits from the reinvestment of profits. The interconnected nature of the global economy ensures that the positive effects of a dividend declaration like this can have far-reaching consequences.
- ArcBest declares a quarterly cash dividend of $0.12 per share.
- The dividend is payable on February 25, 2025, to shareholders of record on February 11, 2025.
- The dividend is a positive sign of ArcBest’s financial strength and commitment to its investors.
- The cash dividend provides a steady source of income for investors, contributing to their overall investment portfolio returns.
- The reinvestment of profits back into the economy can lead to increased spending, economic growth, and job creation.
