ArcBest Corp Announces Quarterly Dividend
In a move that underscores its financial stability and commitment to shareholder returns, ArcBest Corporation has declared a quarterly dividend of $0.12 per share. This announcement, made on April 25, 2025, was reported by multiple financial news outlets, including Investing.com and Seeking Alpha, highlighting the company’s consistent approach to rewarding its investors.
ArcBest, a diversified holding company with a strong foothold in the ground transportation and intermodal transportation sectors, operates under the Nasdaq exchange. The company, with a market capitalization of $1.41 billion, has demonstrated resilience in a fluctuating market, as evidenced by its closing price of $64.67 on April 23, 2025. Despite a challenging year that saw its stock price dip to a 52-week low of $57.38 on April 15, 2025, ArcBest has maintained a robust financial profile, with a price-to-earnings ratio of 8.35.
The dividend declaration is set to benefit shareholders of record as of May 9, 2025, with payments scheduled for May 23, 2025. This decision by the Board of Directors reflects ArcBest’s ongoing strategy to leverage its extensive logistics network and technological innovations to sustain growth and shareholder value.
Founded in 1923, ArcBest has grown into a logistics powerhouse, employing over 14,000 individuals across 250 campuses and service centers worldwide. The company’s commitment to innovation is exemplified by its development of Vaux™, recognized as one of TIME’s Best Inventions of 2023. This technology, along with ArcBest’s comprehensive logistics solutions, positions the company to effectively navigate and lead in the evolving global supply chain landscape.
As ArcBest continues to expand its capabilities and market reach, the dividend announcement serves as a testament to its financial health and strategic foresight. Investors and industry observers alike will be watching closely as the company leverages its strengths to address future supply chain challenges and capitalize on emerging opportunities.
For further information, ArcBest’s investor relations can be contacted via Amy Mendenhall, Vice President of Treasury & Investor Relations, at 479-785-6200 or via email at invrel@arcb.com . More details about the company’s operations and innovations can be found on their official website, arcb.com.