This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Forward Air Corporation Announces Authorization and Declaration of Quarterly Cash Dividend 2009-10-23 14:55 ET - News Release  Company Website:
http://www.forwardair.com GREENEVILLE, Tenn. -- (Business Wire)
Forward Air Corporation (NASDAQ:FWRD) today announced that its Board of
Directors has declared a quarterly cash dividend of $0.07 per share of
common stock. The dividend is payable to shareholders of record at the
close of business on November 22, 2009, and is expected to be paid on
December 7, 2009.
This quarterly dividend is pursuant to a cash dividend policy approved
by the Board of Directors, which anticipates a total annual dividend of
$0.28 per share of common stock, payable in quarterly increments of
$0.07 per share of common stock. The actual declaration of future cash
dividends, and the establishment of record and payment dates, is subject
to final determination by the Board of Directors each quarter after its
review of the Company’s financial performance.
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