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Werner Enterprises Announces Quarterly Dividend

Werner Enterprises (WERN) has declared a quarterly cash dividend of $0.13 per share, set to be paid on January 17, 2023, to stockholders of record by the close of business on January 3, 2023.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Werner Enterprises (WERN) has declared a quarterly cash dividend of $0.13 per share, set to be paid on January 17, 2023, to stockholders of record by the close of business on January 3, 2023. This company has maintained a consistent dividend payout since July 1987, reflecting its commitment to returning value to its shareholders. With 2021 revenues amounting to $2.7 billion, Werner is recognized for its extensive services in truckload transportation and logistics across North America, alongside a strong focus on sustainability.

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Positive

  • Declared a quarterly cash dividend of $0.13 per share, reflecting company profitability.
  • Consistent dividend payouts since July 1987 demonstrate financial stability and shareholder commitment.
  • 2021 revenues of $2.7 billion signal robust business performance.

Negative

  • None.
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News Market Reaction – WERN

The recorded move for WERN in the trading session of this news was +0.96%.

Data tracked by StockTitan Argus. Session date unavailable.

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OMAHA, Neb, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc (Nasdaq: WERN), one of the nation’s largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.13 (thirteen cents) per common share. This dividend will be paid on January 17, 2023, to stockholders of record at the close of business on January 3, 2023.

Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987.

Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2021 revenues of $2.7 billion, an industry-leading modern truck and trailer fleet, over 14,000 talented associates and our innovative Werner EDGE technology, we are an essential solutions provider for customers who value the integrity of their supply chain and require safe and exceptional on-time service. Werner provides Dedicated and One-Way Truckload services as well as Logistics services that include truckload brokerage, freight management, intermodal and final mile. As an industry leader, Werner is deeply committed to promoting sustainability and supporting diversity, equity and inclusion.

Contact:  John J. Steele
Executive Vice President, Treasurer
and Chief Financial Officer
(402) 894-3036

 Source: Werner Enterprises, Inc.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Werner Enterprises in November 2022?

Werner Enterprises declared a quarterly cash dividend of $0.13 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 17, 2023.

Who qualifies for the dividend payment?

Stockholders of record at the close of business on January 3, 2023, qualify for the dividend.

How long has Werner Enterprises been paying dividends?

Werner Enterprises has paid a quarterly cash dividend every quarter since July 1987.

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