Arkansas Best Corp. declares quarterly dividend
by January 27, 2011 4:12 pm 70 views
The Board of Directors of Arkansas Best Corporation (Nasdaq: ABFS) has declared a quarterly dividend of three cents per share to shareholders of record on Feb. 9, 2011, and payable on Feb. 23.
Also, the company is scheduled to release fourth quarter earnings on Feb. 3. For the first nine months of the year, the company has lost $29.585 million, an improvement compared to the $39.173 million lost in the same period of 2009.
Arkansas Best, which employs about 9,500 nationwide, is a transportation holding company, with ABF Freight System its largest subsidiary.
Shares of Arkansas Best (NASDAQ: ABFS) closed Thursday at $26.83, down 4 cents. During the past 52 weeks, the share price has ranged from a $33.52 high to a $18.84 low.