MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Marten Transport (NASDAQ:MRTN), a leading temperature-sensitive truckload carrier, has declared its 61st consecutive quarterly cash dividend of $0.06 per share. The dividend will be paid on September 30, 2025, to stockholders of record as of September 16, 2025.

Since implementing its dividend program in 2010, Marten has distributed $266.3 million in total cash dividends, including $134.9 million in special dividends across 2012, 2019, 2020, and 2021. The company operates across six business platforms, offering temperature-sensitive and dry truck-based transportation services throughout the United States, Mexico, and Canada.

Positive

• Maintained consistent quarterly dividend payments for 61 consecutive quarters
• Substantial dividend distribution history totaling $266.3 million since 2010
• Demonstrated history of special dividend payments totaling $134.9 million

Negative

• Quarterly dividend amount remains unchanged, showing no growth
• Forward-looking statements indicate substantial risks and uncertainties in future dividend payments

MONDOVI, Wis., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on September 30, 2025 to stockholders of record at the close of business on September 16, 2025.

This is Marten’s 61^st consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $266.3 million in cash dividends, including special dividends totaling $134.9 million in 2021, 2020, 2019 and 2012, since the dividend program was implemented in 2010.

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 six distinct business platforms – Temperature-Sensitive and Dry Truckload, Dedicated, Intermodal, 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: Tim Kohl, Chief Executive Officer, Doug Petit, President, and Jim Hinnendael, Executive Vice President and Chief Financial Officer, of Marten Transport, Ltd., 715-926-4216.

FAQ

What is the amount of Marten Transport's Q3 2025 dividend payment?

Marten Transport declared a quarterly cash dividend of $0.06 per share for Q3 2025.

When will MRTN's Q3 2025 dividend be paid?

The dividend will be paid on September 30, 2025 to stockholders of record as of September 16, 2025.

How many consecutive quarterly dividends has Marten Transport paid?

This marks Marten Transport's 61st consecutive quarterly cash dividend since implementing its dividend program in 2010.

How much has MRTN paid in total cash dividends since 2010?

Marten Transport has paid $266.3 million in total cash dividends, including $134.9 million in special dividends distributed across 2012, 2019, 2020, and 2021.

What type of transportation services does Marten Transport provide?

Marten Transport provides temperature-sensitive and dry truck-based transportation services across six business platforms, including Truckload, Dedicated, Intermodal, Brokerage, and MRTN de Mexico operations.