TFI International's Dividend Announcement and Business Overview
TFI International Announces Quarterly Dividend
The Board of Directors of TFI International Inc. (NYSE and TSX: TFII), a prominent name in the transportation and logistics sector across North America, has decided to declare a quarterly dividend of $0.45 per outstanding common share. This dividend will be payable on October 15 to shareholders on record at the close of business on September 30.
Understanding TFI International's Operations
TFI International is a dynamic operator in the transportation and logistics field. Their strategy encompasses acquisitions and the management of a comprehensive network of subsidiaries. By pooling resources and expertise, TFI enables its companies to enhance their operational efficiency and excel in service delivery. The core segments of TFI's business include Less-Than-Truckload, Truckload, and Logistics.
Commitment to Shareholder Value
TFI International is steadfast in creating value for its shareholders. The company’s strategic movements ensure that they stay competitive within the sector. By focusing on operational excellence and proactive acquisition strategies, TFI strives to provide solid returns for its investors. The decision to declare dividends reflects TFI's commitment to share profits with its shareholders, reinforcing their robust financial standing.
Recent Developments in TFI International
In recent months, TFI International has continued to expand its footprint in the logistics sector. The company is known for its innovative approaches to tackling market challenges and leveraging technology to improve efficiency and customer service. Through continuous investment in its fleet and infrastructure, TFI aims to streamline operations and reduce delivery times, positioning itself strategically for future growth.
Contact Information for Further Inquiries
For those seeking more information, Alain Bédard, the Chairman, President, and CEO of TFI International Inc., is available for inquiries. He can be reached at 647-729-4079 or via email at abedard@tfiintl.com.
Frequently Asked Questions
What is the amount of the declared dividend by TFI International?
The declared quarterly dividend is $0.45 per outstanding common share.
On what date will the dividend be paid?
The dividend will be paid on October 15.
Who is eligible to receive the dividend?
Shareholders of record at the close of business on September 30 will receive the dividend.
What are the main segments of TFI International's operations?
TFI International operates in the Less-Than-Truckload, Truckload, and Logistics segments.
How can I contact TFI International for more information?
You can contact Alain Bédard, the CEO, at 647-729-4079 or email him at abedard@tfiintl.com.
About The Author
Contact Thomas Cooper privately here. Or send an email with ATTN: Thomas Cooper as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.