Heartland Express, Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

Heartland Express, Inc. (Nasdaq: HTLD) has announced its 85th consecutive quarterly cash dividend. The Board of Directors declared a regular quarterly dividend of $0.02 per share, payable on October 7, 2024, to shareholders of record as of September 27, 2024. The company estimates a total payout of approximately $1.6 million on its 78.5 million shares of common stock. This dividend continues Heartland Express's long-standing commitment to shareholder returns, with the company having paid a total of $553.6 million in cash dividends since initiating its dividend program in the third quarter of 2003, including four special dividends.

Positive

• Consistent dividend payments for 85 consecutive quarters
• Total of $553.6 million paid in cash dividends since 2003
• Continued commitment to shareholder returns

Negative

• None.

NORTH LIBERTY, Iowa, Sept. 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Heartland Express, Inc. (Nasdaq: HTLD) announced today the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on October 7, 2024, to shareholders of record at the close of business on September 27, 2024. We currently estimate that a total of approximately $1.6 million will be paid on the Company's 78.5 million shares of common stock. This is the Company's eighty-fifth consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $553.6 million in cash dividends, including four special dividends since the dividend program was implemented in the third quarter of 2003.

The press release may contain forward-looking statements, which are based on information currently available. These statements and assumptions involve certain risks and uncertainties. Actual events may differ from these expectations as specified from time to time in filings with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statement to the extent it becomes aware that it will not be achieved for any reason.

For further information contact
Michael J. Gerdin, CEO
Christopher A. Strain, CFO
Heartland Express, Inc.
319-645-7060

FAQ

What is the amount of Heartland Express's (HTLD) latest quarterly dividend?

Heartland Express (HTLD) has declared a regular quarterly dividend of $0.02 per share.

When will Heartland Express (HTLD) pay its next dividend?

Heartland Express (HTLD) will pay its next dividend on October 7, 2024, to shareholders of record as of September 27, 2024.

How many consecutive quarterly dividends has Heartland Express (HTLD) paid?

This is Heartland Express's (HTLD) 85th consecutive quarterly cash dividend.

What is the total amount Heartland Express (HTLD) has paid in dividends since 2003?

Heartland Express (HTLD) has paid a total of $553.6 million in cash dividends since initiating its dividend program in the third quarter of 2003.