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Benzinga
Benzinga
Business
Akanksha Bakshi

Knight-Swift Transportation Hikes Quarterly Dividend By 20%

  • Knight-Swift Transportation Holdings Inc. (NYSE:KNX) declared a quarterly cash dividend of $0.12 per share of common stock, up $0.02 from the prior quarterly dividend of $0.10 per share.
  • The dividend is payable on March 28, 2022, to stockholders of record on March 4, 2022.
  • The company held cash and equivalents of $354 million as of December 31, 2021. The company generated $1.2 billion in operating cash flows during 2021.
  • Price Action: KNX shares traded lower by 2.22% at $55.48 on the last check Friday.
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