CH Robinson Worldwide Stock To Go Ex-dividend Tomorrow (CHRW)

NEW YORK ( TheStreet) -- The ex-dividend date for CH Robinson Worldwide (Nasdaq: CHRW) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $60.35 as of 9:30 a.m. ET, the dividend yield is 2.2%.

The average volume for CH Robinson Worldwide has been 1.4 million shares per day over the past 30 days. CH Robinson Worldwide has a market cap of $9.71 billion and is part of the services sector and transportation industry. Shares are down 14.5% year to date as of the close of trading on Friday.

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 has a P/E ratio of 22.2, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates CH Robinson Worldwide as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full CH Robinson Worldwide Ratings Report.

See our dividend calendar or top-yielding stocks list.
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