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ArcBest (ArcBest) 3-Year Dividend Growth Rate : 14.50% (As of Mar. 2024)


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What is ArcBest 3-Year Dividend Growth Rate?

ArcBest's Dividends per Share for the three months ended in Mar. 2024 was $0.12.

The historical rank and industry rank for ArcBest's 3-Year Dividend Growth Rate or its related term are showing as below:

ARCB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -41.5   Med: 7.7   Max: 38.7
Current: 14.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ArcBest was 38.70% per year. The lowest was -41.50% per year. And the median was 7.70% per year.

ARCB's 3-Year Dividend Growth Rate is ranked better than
51.26% of 357 companies
in the Transportation industry
Industry Median: 12.9 vs ARCB: 14.50

During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

ArcBest's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.09. As of today, ArcBest's Dividend Yield % is 0.42%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of ArcBest's 3-Year Dividend Growth Rate

For the Trucking subindustry, ArcBest's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ArcBest's 3-Year Dividend Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ArcBest's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where ArcBest's 3-Year Dividend Growth Rate falls into.



ArcBest 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


ArcBest  (NAS:ARCB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

ArcBest's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.12/ 1.34
=0.09

During the past 13 years, the highest Dividend Payout Ratio of ArcBest was 0.33. The lowest was 0.04. And the median was 0.10.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

ArcBest Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1200002024-02-152024-02-162024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002023-11-072023-11-082023-11-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002023-08-082023-08-092023-08-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002023-05-092023-05-102023-05-24Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

ArcBest's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.48/116.245
=0.41 %

Current Share Price is $116.245.
ArcBest's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.48.

During the past 13 years, the highest Dividend Yield of ArcBest was 1.92%. The lowest was 0.25%. And the median was 0.66%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ArcBest 3-Year Dividend Growth Rate Related Terms>


ArcBest (ArcBest) Business Description

Industry
Traded in Other Exchanges
Address
8401 McClure Drive, Fort Smith, AR, USA, 72916
ArcBest Corp is engaged in logistics operations. The company operates in three business segments namely Asset-Based, ArcBest and FleetNet. Asset-Based segment which represents ABF Freight System, Inc. and certain other subsidiaries, including ABF Freight System (B.C.) ULC; ABF Freight System Canada ULC; ABF Cartage, Inc.; and Land-Marine Cargo, Inc.. ArcBest segment consist asset-light logistics operation, including MoLo, Panther, and certain other subsidiaries. FleetNet segment revenues consist of service fee revenue, roadside repair revenue, and routine maintenance services revenue. The ArcBest and FleetNet reportable segments, combined, represent its Asset-Light operations.
Executives
Janice E Stipp director 1281 COVINGTON ROAD, BLOOMFIELD HILLS MI 48301
John Matthew Beasley officer: CFO and Treasurer(1) 8401 MCCLURE DRIVE, FORT SMITH AR 72916
Kathleen D. Mcelligott director MCKESSON CORPORATION, 6555 NORTH STATE HWY 161, IRVING TX 75039
Anderson Dennis L Ii officer: Vice President - Strategy ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Craig E Philip director ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Steven Spinner director C/O UNITED NATURAL FOODS, INC., 260 LAKE ROAD, DAYVILLE CT 06241
Michael R Johns officer: VP - Gen Counsel & Corp Sec ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Judy R Mcreynolds officer: Vice President - Controller ARCBEST CORPORATION, PO BOX 10048, FORT SMITH AR 72917-0048
Michael E Newcity officer: Chief Financial Officer - VP ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Seth Runser officer: President of ABF Freight 8401 MCCLURE DRIVE, FORT SMITH AR 72916
Erin K Gattis officer: VP - Human Resources ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Christopher A Adkins officer: VP - Yield & Management (1) 8401 MCCLURE DR., FORT SMITH AR 72916
Jason T Parks officer: VP - Controller (1) 8401 MCCLURE DRIVE, FORT SMITH AR 72916
Salvatore A Abbate director 1000 ABERNATHY ROAD NE., BUILDING 400, SUITE 1700, ATLANTA GA 30328
Daniel E Loe officer: VP - Enterp Cust Sols (1) ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903