Werner Enterprises Increases Quarterly Dividend

Werner Enterprises, Inc. (Nasdaq: WERN) declared a quarterly cash dividend of $0.13, representing an 8% increase from the prior dividend of $0.12.

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Rhea-AI Summary

Werner Enterprises, Inc. (Nasdaq: WERN) declared a quarterly cash dividend of $0.13, representing an 8% increase from the prior dividend of $0.12. This dividend will be paid on July 19, 2022, to stockholders recorded by July 5, 2022. Since July 1987, Werner has consistently provided quarterly dividends. The company reported 2021 revenues of $2.7 billion and operates a significant fleet, delivering truckload transportation and logistics services across North America.

Positive

Quarterly cash dividend increased by 8% from $0.12 to $0.13.
Consistent dividend payments since July 1987 showcase company reliability.
2021 revenues of $2.7 billion indicate strong financial performance.

Negative

None.

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News Market Reaction – WERN

The recorded move for WERN in the trading session of this news was -0.69%.

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05/13/2022 - 09:00 AM

OMAHA, Neb., May 13, 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, an 8% increase over the previous quarterly dividend rate of $0.12 (twelve cents) per common share. This dividend will be paid on July 19, 2022, to stockholders of record at the close of business on July 5, 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, nearly 13,500 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

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What is the dividend amount for Werner Enterprises in 2022?

The dividend amount for Werner Enterprises in 2022 is $0.13 per common share.

When will the dividend for WERN be paid?

The dividend for WERN will be paid on July 19, 2022.

When is the record date for the WERN dividend?

The record date for the WERN dividend is July 5, 2022.

How long has Werner Enterprises been paying dividends?

Werner Enterprises has been paying dividends consistently since July 1987.

Werner Enterprises Increases Quarterly Dividend