In a shareholder-friendly move, C.H. Robinson Worldwide, Inc.’s (CHRW) board of directors approved a dividend hike of 1.6%, thereby raising its quarterly cash dividend to 62 cents per share ($2.48 annualized) from 61 cents ($2.44 annualized). The raised dividend will be paid out on Oct 1, 2024, to shareholders of record at the close of business on Sep 6. The move reflects CHRW’s intention to utilize free cash to enhance its shareholders’ returns.Notably, CHRW has been making uninterrupted dividend payments ...