Knight-Swift increases quarterly cash dividend to 16c per share

Knight-Swift announced that its board of directors has declared the company’s quarterly cash dividend of 16c per share of common stock, which is a 2c increase from the company’s existing quarterly dividend of 14c per share of common stock. The company has raised its quarterly dividend five times in the past five years for a 167% overall increase. 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 board each quarter after its review of the company’s financial performance.