Werner Enterprises Announces Quarterly Dividend

Werner Enterprises (WERN) has declared a quarterly cash dividend of $0.13 per common share, payable on October 18, 2022, to stockholders of record as of October 3, 2022.

Rhea-AI Summary

Werner Enterprises (WERN) has declared a quarterly cash dividend of $0.13 per common share, payable on October 18, 2022, to stockholders of record as of October 3, 2022. This dividend marks the continuation of Werner's commitment to returning value to its shareholders, having consistently paid dividends since July 1987. In 2021, the company reported revenues of $2.7 billion and is recognized for its innovative logistics services across North America.

Positive

• Declared a quarterly cash dividend of $0.13 per share, affirming commitment to shareholders.
• Continued dividend payments since July 1987 demonstrate financial stability.
• 2021 revenues of $2.7 billion highlight strong performance in the transportation sector.

Negative

• None.

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News Market Reaction – WERN

In the trading session that priced this news, WERN gained 2.56%, reflecting a moderate positive market reaction.

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OMAHA, Neb., Aug. 09, 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 October 18, 2022, to stockholders of record at the close of business on October 3, 2022.

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

FAQ

What is the dividend amount declared by Werner Enterprises?

Werner Enterprises declared a dividend of $0.13 per common share.

When will the next dividend be paid by Werner Enterprises?

The dividend will be paid on October 18, 2022.

What is the record date for the Werner Enterprises dividend?

The record date for the dividend is October 3, 2022.

How long has Werner Enterprises been paying dividends?

Werner Enterprises has paid dividends every quarter since July 1987.

What were the revenues of Werner Enterprises in 2021?

Werner Enterprises reported revenues of $2.7 billion in 2021.