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Heartland Express, Inc. Declares Regular Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
NORTH LIBERTY, Iowa, Nov. 23, 2020 (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 December 18, 2020 to shareholders of record at the close of business on December 8, 2020. We currently estimate that a total of approximately $1.6 million will be paid on the Company's 80.8 million shares of common stock. This is the Company's seventieth consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $490.4 million in cash dividends, including three 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. 319-626-3600
heartland express customers represent the most successful businesses in the world. the top shippers in america depend on heartland express to improve business performance, deliver exceptional results to their customers, and drive overall value into their transportation supply chain. heartland express brings together industry experience, state of the art equipment and technology, and good people with a vision to be the best, to serve the truckload transportation needs of the top shippers in america. a leader in transportation and logistics, heartland express provides collaborative truckload transportation service that enables companies to deliver exceptional service across their transportation network to improve customer satisfaction. companies choose heartland express for its award winning on-time pickup and delivery, fleet capacity to cover commitments scaled to their needs, leadership in providing information about their shipments, and its performance in moving beyond the transac