Knight Transportation KNX announced today that its Board
of Directors has declared a special cash dividend of $0.50 per share of
common stock. The company's special dividend is payable to shareholders
of record on December 7, 2012, and is expected to be paid on December
28, 2012.
The special dividend will pay approximately $39.9 million on Knight's
79.7 million outstanding shares. This special dividend is in addition to
the regular quarterly dividend of $0.06 per share previously announced
on November 8, 2012. After this dividend, Knight will have returned
approximately $324.3 million to its shareholders through a combination
of dividends and stock repurchases since January 2008.
Chairman
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in