3 Top Dividend Stocks in Logistics
If you're seeking income investments in an area that's plugged in to the U.S. economy, consider the vital business of logistics. The logistics industry is a subsector of the transportation industry, which itself accounts for nearly 8% of U.S. gross domestic product.
Logistics companies assist commercial enterprises in the shipment of goods over the major modes of transportation: road, air, rail, and ocean. These organizations also provide numerous services to transportation companies, including fleet management, warehousing, inventory management, and transportation network design. Let's review three top dividend-paying logistics candidates for your portfolio.
C.H. Robinson Worldwide (NASDAQ: CHRW) is one of the largest third-party logistics companies in the United States, and indeed the world, with 2016 total revenue of $13.1 billion. The company operates in three major segments: North American surface transportation (NAST), global forwarding, and Robinson Fresh.
Source: Fool.com
C.H. Robinson Worldwide Inc. Stock
Our community is currently low on C.H. Robinson Worldwide Inc. with 4 Buy predictions and 8 Sell predictions.
This results in a negative potential of -26.88% based on a current price of 93.0 € and a target price of 68 € for the stock.
