C.H. Robinson Worldwide Increases Quarterly Cash Dividend.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Nov. 21, 2002 C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (Nasdaq:CHRW CHRW C.H. Robinson Worldwide (stock symbol) ) announced today that its Board of Directors has increased its regular quarterly cash dividend from 6 cents ($0.06) per share to 8 cents ($0.08) per share, payable on January 2, 2003 to shareholders of record on December 6, 2002. C.H. Robinson has distributed regular dividends for more than twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. . As of November 21, 2002 there were approximately 84,250,000 shares outstanding. Founded in 1905, C.H. Robinson Worldwide, Inc., is one of the largest third-party logistics A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part, or sometimes all of their supply chain management function. companies in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . C.H. Robinson is a global provider of multimodal Two or more modes of operation. The term is used to refer to a myriad of functions and conditions in which two or more different methods, processes or forms of delivery are used. On the Web, it refers to asking for something one way and receiving the answer another; for example requesting transportation services and logistics solutions, serving 15,000 customers through a network of 146 offices in North America, South America, Europe and Asia. C.H. Robinson maintains the single largest network of motor carrier capacity in North America through contracts with more than 20,000 motor carriers, and is one of the largest third-party providers of intermodal services in the United States. For more information, visit our Web site at www.chrobinson.com. |
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