C.H. Robinson Worldwide, Inc. (CHRW) To Go Ex-Dividend on June 5th

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Friday, June 5th will be paid a dividend of 0.63 per share by the transportation company on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, June 5th.

C.H. Robinson Worldwide has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 27 years. C.H. Robinson Worldwide has a payout ratio of 46.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect C.H. Robinson Worldwide to earn $7.08 per share next year, which means the company should continue to be able to cover its $2.52 annual dividend with an expected future payout ratio of 35.6%.

C.H. Robinson Worldwide Price Performance

Shares of CHRW opened at $171.39 on Friday. C.H. Robinson Worldwide has a 12-month low of $88.65 and a 12-month high of $203.34. The business has a 50-day simple moving average of $175.07 and a two-hundred day simple moving average of $168.24. The company has a quick ratio of 1.53, a current ratio of 1.59 and a debt-to-equity ratio of 0.79. The stock has a market cap of $20.20 billion, a PE ratio of 34.69, a PEG ratio of 1.71 and a beta of 0.94.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its earnings results on Wednesday, April 29th. The transportation company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.11. C.H. Robinson Worldwide had a return on equity of 35.49% and a net margin of 3.70%.The business had revenue of $4.01 billion during the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter in the prior year, the firm earned $1.17 EPS. The business’s revenue for the quarter was down .9% compared to the same quarter last year. Analysts anticipate that C.H. Robinson Worldwide will post 6.07 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.