'One FedEx' blossoms, takes Mr Market's pulse with Freight spin-off allure
Here we go…
A couple of weeks ago, highlighting the downside risk stemming from this earnings season we had a clear, premonitory sign that dividend hikes would be significant from some quarters in the trucking segment.
JB Hunt, upping its payout by 33% over the previous quarter set the tone, following that up with minor M&A worth $87m and targeting Zenith Freight Lines in the hot furniture sub-segment in logistics, it emerged last week. That was essentially a non-event, while its forward yield stands at 0.84%, ...
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