C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) will begin trading ex-dividend on September 3, 2020. The quarterly dividend payment of $ 0.51 per share is scheduled to be paid on September 30, 2020. The dividend yield based on the latest trading day closing price was 2.07 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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C.H. Robinson Worldwide, Inc. recently reported second quarter financial results on July 28, 2020, after market close, freight transportation services and logistics provider came out with income for the second quarter of $ 1.06 per share, from the revenue of $ 3,628.00 million. The quarterly earnings decreased 13.11 percent while revenues contracted 7.18 percent compared with the same quarter last year.
According to street consensus, CHRW was expected to report 2Q20 income of $ 0.60 per share from revenue of $ 3498.68 million. The bottom line results beat street analysts by $ 0.46 or 76.67 percent, at the same time, top line results outshined analysts by $ 129.32 million or 3.70 percent.
Stock Performance
Shares of C.H. Robinson Worldwide, Inc. traded up $ 0.47 or 0.48 percent on Friday, reaching $ 98.73 with volume of 2.16 million shares. C.H. Robinson Worldwide, Inc. has traded high as $ 98.88 and has cracked $ 97.60 on the downward trend
According to the previous trading day, closing price of $ 98.73, representing a 72.57 % increase from the 52 week low of $ 56.94 and a 0.97 % decrease over the 52 week high of $ 99.22.
The company has a market capital of $ 13.31 billion and is part of the Industrials sector and Integrated Shipping & Logistics industry.
C.H. Robinson Worldwide, Inc., a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through North American Surface Transportation and Global Forwarding segments.