ArcBest announces quarterly dividend of $0.12 per share

FORT SMITH, Ark. - ArcBest (NASDAQ: ARCB), a leading integrated logistics company, has announced a quarterly cash dividend of $0.12 per share for shareholders of record as of May 9, 2025. The dividend is scheduled to be paid on May 23, 2025. The company has maintained dividend payments for 23 consecutive years, with a current yield of 0.74%. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value estimates.

The company, which was founded in 1923, operates with a workforce of 14,000 employees across 250 campuses and service centers. ArcBest specializes in providing a range of logistics solutions, including ground, air, and ocean transportation, as well as fully managed supply chains. With annual revenue of $4.2 billion and a market capitalization of $1.4 billion, ArcBest trades at an attractive P/E ratio of 10.5x. InvestingPro subscribers can access 14 additional key insights about ArcBest’s financial health and growth prospects.

ArcBest has been recognized for its innovative practices in the logistics industry, particularly for the development of Vaux™, which was named one of TIME’s Best Inventions of 2023. This technology is part of ArcBest’s commitment to addressing current and future supply chain challenges for its customers.

The declaration of the dividend reflects the company’s ongoing financial performance and its strategy to deliver value to its shareholders. The logistics firm has a history of consistent dividend payments, which are part of its broader financial policies.

The information regarding the dividend declaration is based on a press release statement from ArcBest. The company continues to focus on leveraging its technology, expertise, and scale to provide effective logistics solutions in a complex global supply chain environment.

Investors in ArcBest can expect the dividend payment in late May, following the record date in early May. The company’s shares are publicly traded on the NASDAQ stock exchange under the ticker symbol ARCB.

In other recent news, ArcBest Corporation reported its fourth-quarter 2024 earnings, exceeding expectations with an earnings per share (EPS) of $1.33, compared to the forecasted $1.09. However, the company’s revenue fell short of projections, coming in at $1 billion against an anticipated $1.01 billion, marking an 8% year-over-year decline. Morgan Stanley, while maintaining an Overweight rating on ArcBest, reduced its price target from $160.00 to $145.00, noting the company’s effective cost control measures despite consistent revenues. Meanwhile, BofA Securities adjusted its outlook on ArcBest, lowering the price target from $100.00 to $73.00 and maintaining an Underperform rating due to mixed performance metrics in the company’s mid-first quarter update for 2025.

ArcBest also announced a significant amendment to its bylaws, introducing a "proxy access" provision aimed at enhancing stockholder participation in director nominations. This move aligns with the company’s efforts to improve corporate governance and increase shareholder engagement. Additionally, ArcBest’s fourth-quarter results highlighted a strategic focus on investments in artificial intelligence and route optimization to improve operational efficiency amid a challenging freight market. Despite these efforts, the company faces ongoing softness in the industrial economy, with a decline in less-than-truckload (LTL) shipments and stable pricing trends.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.