MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND
Rhea-AI Summary
Marten Transport (Nasdaq: MRTN) declared a regular quarterly cash dividend of $0.06 per share, payable March 31, 2026 to shareholders of record at the close of business on March 17, 2026. This marks Marten’s 63rd consecutive quarterly dividend.
Since 2010 the company has paid a cumulative $276.1 million in cash dividends, including $134.9 million in special dividends paid in 2012, 2019, 2020 and 2021.
Positive
- $0.06 per share regular quarterly dividend declared
- Payable March 31, 2026 with record date March 17, 2026
- 63rd consecutive quarterly cash dividend paid since program start
Negative
- Future dividend payments are subject to risks and uncertainties per the company’s forward-looking statement
MONDOVI, Wis., Feb. 20, 2026 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of
This is Marten’s 63rd consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of
Marten Transport, with headquarters in Mondovi, Wis., is a multifaceted business offering a network of time and temperature-sensitive and dry truck-based transportation and distribution capabilities across the Company’s five distinct business platforms – Temperature-Sensitive and Dry Truckload, Dedicated, Brokerage and MRTN de Mexico. Marten is one of the leading temperature-sensitive truckload carriers in the United States, specializing in transporting and distributing food, beverages and other consumer packaged goods that require a temperature-controlled or insulated environment. The Company offers service in the United States, Mexico and Canada, concentrating on expedited movements for high-volume customers. Marten’s common stock is traded on the Nasdaq Global Select Market under the symbol MRTN.
This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including Marten’s current expectations concerning future payment of dividends. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially from those expressed in such forward-looking statements. Important factors known to Marten that could cause actual results to differ materially from those discussed in the forward-looking statements are discussed in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. Marten undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACTS: Randy Marten, Chairman of the Board and Chief Executive Officer, Doug Petit, President, and Jim Hinnendael, Executive Vice President and Chief Financial Officer, of Marten Transport, Ltd., 715-926-4216.