Heartland Express, Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

Heartland Express (HTLD) has declared its 87th consecutive quarterly cash dividend of $0.02 per share, payable on April 4, 2025, to shareholders of record as of March 25, 2025. The company expects to distribute approximately $1.6 million across its 78.7 million outstanding common shares.

Since implementing its dividend program in Q3 2003, Heartland Express has distributed a total of $556.8 million in cash dividends, including four special dividends.

Positive

• 87 consecutive quarters of dividend payments demonstrating consistent shareholder returns
• Total of $556.8 million paid in dividends since 2003, including special dividends
• Maintained stable dividend program despite market conditions

Negative

• Low dividend amount of $0.02 per share indicates cash distribution to shareholders
• Quarterly dividend payment of $1.6 million represents relatively modest shareholder return

NORTH LIBERTY, Iowa, March 14, 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 April 4, 2025, to shareholders of record at the close of business on March 25, 2025. We currently estimate that a total of approximately $1.6 million will be paid on the Company's 78.7 million shares of common stock. This is the Company's eighty-seventh consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $556.8 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

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

Heartland Express will pay its next dividend of $0.02 per share on April 4, 2025, to shareholders of record as of March 25, 2025.

How much is Heartland Express's (HTLD) quarterly dividend payment?

The total quarterly dividend payment will be approximately $1.6 million, or $0.02 per share.

How many consecutive quarterly dividends has HTLD paid?

This marks Heartland Express's 87th consecutive quarterly dividend payment.

What is the total amount of dividends HTLD has paid since 2003?

Heartland Express has paid $556.8 million in total cash dividends, including four special dividends, since Q3 2003.

How many shares of HTLD common stock are outstanding?

Heartland Express has 78.7 million shares of common stock outstanding.