Werner Enterprises Announces Quarterly Dividend
OMAHA, Neb., Aug. 17, 2020 – Werner Enterprises (NASDAQ: WERN) announced a quarterly cash dividend of $.09 per share, payable on October 20, 2020, to stockholders recorded by October 5, 2020.
Sentiment and the balance of points
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Rhea-AI Summary
OMAHA, Neb., Aug. 17, 2020 – Werner Enterprises (NASDAQ: WERN) announced a quarterly cash dividend of $.09 per share, payable on October 20, 2020, to stockholders recorded by October 5, 2020. This marks an uninterrupted dividend payment since July 1987, showcasing the company's commitment to returning value to shareholders. Founded in 1956, Werner is a leading transportation and logistics provider with a diversified portfolio and international coverage across multiple continents.
Positive
- Quarterly cash dividend of $.09 per share enhances shareholder returns.
- Consistent dividend payments since July 1987 demonstrate financial stability.
Negative
- None.
Details
News Market Reaction – WERN
The recorded move for WERN in the trading session of this news was +0.25%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
OMAHA, Neb., Aug. 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 October 5, 2020. This dividend will be paid on October 20, 2020.
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.
John J. Steele
Executive Vice President, Treasurer
and Chief Financial Officer
(402) 894-3036
FAQ
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