ArcBest announces quarterly dividend of 6 cents per share
by January 22, 2015 9:34 am 123 views
Fort Smith-based ArcBest Corp. on Thursday (Jan. 22) announced a quarterly divident of 6 cents per share to shareholders of record on Feb. 5. The dividend is paid on Feb. 19.
The company is set to announce full-year revenue and income on Feb. 15. The consensus estimate is that the company will earn $1.72 per share for the year on total revenue of $2.6 billion. The consensus estimate on quarterly income is 44 cents per share on revenue of $652.66 million.
ArcBest shares (NASDAQ: ARCB) closed Wednesday at $39.49. During the past 52 weeks the share price has ranged from a $47.52 high to a $29.88 low.
ArcBest is a transportation holding company, and its largest subsidiary is ABF Freight System, one of the nation’s largest less-than-truckload carriers.