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Knight-Swift boosts dividend by 20%
Knight-Swift Transportation Holdings Inc. said Friday it raised its quarterly dividend by 20%, to 12 cents a share from 10 cents. The freight transportation company’s new dividend will be payable March 28 to shareholders of record on March 4. Based on Thursday’s stock closing price of $56.74, the new annual dividend rate implies a dividend yield of 0.85%, which compares with the implied yield for the S&P 500 of 1.40%. Knight-Swift’s stock, which was still inactive in premarket trading, has slipp
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