Werner Enterprises Increases Quarterly Dividend

Werner Enterprises (NASDAQ: WERN) has declared a quarterly cash dividend of $0.12 per share, marking a 20% increase from the previous $0.10.

Rhea-AI Summary

Werner Enterprises (NASDAQ: WERN) has declared a quarterly cash dividend of $0.12 per share, marking a 20% increase from the previous $0.10. This dividend will be paid on July 20, 2021, to stockholders of record by the close of business on July 6, 2021. The company has consistently paid dividends since July 1987. With 2020 revenues of $2.4 billion and nearly 13,000 employees, Werner is a key player in the transportation and logistics sector, providing various services across the U.S., Mexico, and Canada.

Positive

• Declared a 20% increase in quarterly cash dividend to $0.12 per share.
• Consistent dividend payments since July 1987 demonstrate financial stability.
• 2020 revenues at $2.4 billion show strong business performance.
• Extensive service offerings in transportation and logistics enhance competitive position.

Negative

• None.

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News Market Reaction – WERN

The recorded move for WERN in the trading session of this news was +2.89%.

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OMAHA, Neb., May 12, 2021 (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 $0.12 (twelve cents) per common share, a 20% increase over the previous quarterly dividend rate of $0.10 (ten cents) per common share. This dividend will be paid on July 20, 2021, to stockholders of record at the close of business on July 6, 2021.

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

Werner Enterprises, Inc. (NASDAQ: WERN) delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2020 revenues of $2.4 billion, an industry-leading modern truck and trailer fleet, nearly 13,000 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

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

What is the dividend amount for Werner Enterprises in 2021?

The dividend amount for Werner Enterprises in 2021 is $0.12 per share.

When will the dividend for Werner Enterprises be paid?

The dividend will be paid on July 20, 2021.

What was the previous dividend amount for Werner Enterprises?

The previous dividend amount was $0.10 per share.

When is the record date for receiving the dividend from Werner Enterprises?

The record date for receiving the dividend is July 6, 2021.

How long has Werner Enterprises been paying dividends?

Werner Enterprises has been paying dividends since July 1987.