Heartland Express, Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

Heartland Express (NASDAQ: HTLD) has announced its 88th consecutive quarterly cash dividend of $0.02 per share, payable on July 3, 2025, to shareholders of record as of June 23, 2025. The total dividend payment is estimated at $1.6 million across approximately 78 million shares of common stock. Since implementing its dividend program in Q3 2003, Heartland Express has distributed a total of $558.3 million in cash dividends, including four special dividends. This consistent dividend history demonstrates the company's commitment to returning value to shareholders through regular cash distributions.

Positive

• 88th consecutive quarterly dividend demonstrates strong commitment to shareholder returns
• Total of $558.3 million paid in dividends since 2003, including special dividends
• Consistent dividend program maintained since Q3 2003

Negative

• Relatively small dividend amount of $0.02 per share
• Total quarterly payout of only $1.6 million indicates limited cash distribution

NORTH LIBERTY, Iowa, June 13, 2025 (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 July 3, 2025, to shareholders of record at the close of business on June 23, 2025. We currently estimate that a total of $1.6 million will be paid on the Company's approximate seventy-eight million shares of common stock. This is the Company's eighty-eighth consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $558.3 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 Heartland Express's (HTLD) current quarterly dividend amount?

Heartland Express's current quarterly dividend is $0.02 per share

When will HTLD's next dividend be paid?

The dividend will be paid on July 3, 2025, to shareholders of record as of June 23, 2025

How many consecutive quarterly dividends has Heartland Express paid?

Heartland Express has paid 88 consecutive quarterly dividends

How much has Heartland Express paid in total dividends since starting its dividend program?

Heartland Express has paid a total of $558.3 million in cash dividends, including four special dividends, since Q3 2003

What is the total amount of HTLD's upcoming dividend payment?

The total dividend payment is estimated at $1.6 million across approximately 78 million shares