Werner Enterprises Announces Quarterly Dividend
Werner Enterprises (NASDAQ: WERN) has declared a quarterly cash dividend of $.09 per common share, payable to stockholders of record on January 4, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
Werner Enterprises (NASDAQ: WERN) has declared a quarterly cash dividend of $.09 per common share, payable to stockholders of record on January 4, 2021. The dividend will be disbursed on January 19, 2021. This marks a continued commitment to return value to shareholders, as Werner has consistently paid dividends since July 1987. Founded in 1956, Werner is a leading transportation and logistics company operating globally, with a diverse portfolio that includes various transportation services and logistics solutions.
Positive
- Quarterly cash dividend of $.09 enhances shareholder income.
- Consistent dividend payments since July 1987 signal strong company stability.
Negative
- None.
Details
News Market Reaction – WERN
The recorded move for WERN in the trading session of this news was -0.88%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
OMAHA, Neb., Nov. 17, 2020 (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 $.09 (9.0 cents) per common share payable to stockholders of record at the close of business on January 4, 2021. This dividend will be paid on January 19, 2021.
Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987.
Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. International services are provided through Werner’s domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage.
Werner Enterprises, Inc.’s common stock trades on the NASDAQ Global Select MarketSM under the symbol “WERN”. For further information about Werner, visit the company’s website at www.werner.com.
| Contact: | John J. Steele | |
| Executive Vice President, Treasurer | ||
| and Chief Financial Officer | ||
| (402) 894-3036 |
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