Knight-Swift (NYSE: KNX) boosts dividend after seven years of raises
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Knight-Swift Transportation Holdings Inc. increased its quarterly cash dividend to $0.20 per share of common stock, up from $0.18. This represents an 11% raise in the quarterly payout.
The dividend will be paid on March 23, 2026 to stockholders of record as of March 6, 2026. The company notes it has raised its quarterly dividend annually for seven consecutive years, resulting in a 233% overall increase, but emphasizes that any future dividends will continue to depend on board approval, cash flow, financial condition, and other risk factors.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________________________________________________________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 12, 2026
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(Exact name of registrant as specified in its charter)
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| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||||||||
(Address of principal executive offices and zip code)
(602 ) 269-2000
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
| Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | |||||||||||||||||
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||||||||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||||||||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||||||||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||||||||||||||
| Securities registered pursuant to Section 12(b) of the Act: | |||||||||||||||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | |||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| ITEM 8.01 | OTHER EVENTS | ||||
On February 12, 2026, Knight-Swift Transportation Holdings Inc. (the "Company") announced that on February 11, 2026 its board of directors declared a quarterly cash dividend of $0.20 per share of common stock, which is a $0.02 increase from the Company's existing quarterly dividend of $0.18 per share of common stock. The dividend is payable to the Company's stockholders of record as of March 6, 2026, and is expected to be paid on March 23, 2026.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS | ||||
(d) Exhibits
| Exhibit | Description | |||||||
Exhibit 99 | Knight-Swift Transportation Holdings Inc. press release dated February 12, 2026, announcing increase in quarterly cash dividend | |||||||
Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
The information in this report and the exhibit hereto may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements, including, without limitation, statements relating to our declaration of quarterly dividends. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. There can be no assurance that future dividends will be declared. The declaration and amount of future dividends is subject to approval of the board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; compliance with applicable laws; restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results; and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission. Please refer to the last paragraph of the accompanying press release and various disclosures by the Company in other releases, stockholder reports, and filings with the Securities and Exchange Commission for information concerning risks, uncertainties, and other factors that may affect future results.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Knight-Swift Transportation Holdings Inc. | |||||||||||||||||
| (Registrant) | |||||||||||||||||
| Date: | February 12, 2026 | /s/ Andrew Hess | |||||||||||||||
| Andrew Hess | |||||||||||||||||
| Chief Financial Officer | |||||||||||||||||
Exhibit 99
KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.
ANNOUNCES AN INCREASE IN QUARTERLY CASH DIVIDEND
PHOENIX, ARIZONA — Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that its board of directors ("the Board") has declared the Company’s quarterly cash dividend of $0.20 per share of common stock, which is a $0.02 increase from the Company's existing quarterly dividend of $0.18 per share of common stock. The Company has raised its quarterly dividend annually for seven consecutive years for a 233% overall increase. The Company's quarterly dividends are pursuant to a cash dividend policy approved by the Board. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Board each quarter after its review of the Company’s financial performance.
The Company’s dividend is payable to stockholders of record on March 6, 2026, and is expected to be paid on March 23, 2026.
Knight-Swift is one of North America's largest and most diversified freight transportation companies providing multiple truckload transportation and logistics services as well as LTL services. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating the country's largest tractor fleet, Knight-Swift also contracts with third-party equipment providers to provide a broad range of truckload services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.
This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements, including, without limitation, statements relating to our declaration of quarterly dividends. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. There can be no assurance that future dividends will be declared. The declaration and amount of future dividends is subject to approval of the Board and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; compliance with applicable law; restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission. Readers should review and consider the factors that may affect future results and other disclosures in Part I, Item 1A., Risk Factors, in Knight-Swift’s Annual Report on Form 10-K for the year ended December 31, 2024, and various disclosures in other press releases, stockholder reports, and filings with the Securities and Exchange Commission. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.
Contact: Adam Miller, CEO, Andrew Hess, CFO, or Brad Stewart, Treasurer and SVP - (602) 606-6349
FAQ
What dividend change did Knight-Swift (KNX) announce in this 8-K?
Knight-Swift increased its quarterly cash dividend to $0.20 per share, up from $0.18. This higher dividend reflects an 11% increase in the quarterly payout under the company’s existing cash dividend policy approved by its board.
When will Knight-Swift’s new $0.20 dividend be paid and who qualifies?
The new $0.20 per share dividend is payable on March 23, 2026 to stockholders of record as of March 6, 2026. Investors holding shares on the record date are entitled to receive this cash dividend payment.
How consistent has Knight-Swift (KNX) been in raising its dividend?
Knight-Swift reports it has raised its quarterly dividend annually for seven consecutive years, resulting in a 233% overall increase. This history reflects a pattern of growing cash returns to shareholders, subject to continued board review each quarter.
Is Knight-Swift’s future dividend guaranteed after this increase?
Future dividends are not guaranteed. The company states that declaration and amount of future dividends depend on board approval, cash flow and cash needs, financing restrictions, tax laws, financial condition, and other risks identified in its SEC filings.
What risks does Knight-Swift highlight related to its dividend policy?
Knight-Swift cites risks including cash flow and cash needs, compliance with law, financing agreement restrictions, possible tax law changes, and deterioration in financial results. These factors may affect whether the board declares future dividends and at what levels.
What type of company is Knight-Swift Transportation Holdings Inc.?
Knight-Swift is described as one of North America’s largest and most diversified freight transportation companies, offering truckload, logistics, and LTL services. It operates a nationwide network in the United States and Mexico using company tractors and third-party equipment providers.
Filing Exhibits & Attachments
4 documents
Knight-Swift Transn Hldgs Inc