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Knight-Swift Transportation Holdings Inc. Announces Quarterly Cash Dividend

1. Knight-Swift declared a quarterly cash dividend of $0.18 per share. 2. Future dividends depend on board's final determination.

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FAQ

Why Bullish?

Dividend announcements often lead to positive investor sentiment. Similar cases in the past have resulted in short-term price increases.

How important is it?

The declaration of dividends indicates financial stability and commitment to returning value to shareholders, which can attract investors.

Why Short Term?

The immediate effect of the dividend will likely influence investor decisions quickly. Historical trends suggest price movements following dividend announcements cement this short-term impact.

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PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that its board of directors ("the Board") has declared the Company's quarterly cash dividend of $0.18 per share of common stock. The Company's quarterly dividends are pursuant to a cash dividend policy approved by the Board. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Boa.

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