Heartland Express, Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

Heartland Express, Inc. (HTLD) declares a regular quarterly cash dividend of $0.02 per share, totaling approximately $1.6 million to be paid on April 5, 2024. This marks the eighty-third consecutive quarterly cash dividend, with a total of $550.5 million paid since 2003.

NORTH LIBERTY, Iowa, March 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Heartland Express, Inc. (Nasdaq: HTLD) announced today the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on April 5, 2024, to shareholders of record at the close of business on March 26, 2024. We currently estimate that a total of approximately $1.6 million will be paid on the Company's 79.1 million shares of common stock. This is the Company's eighty-third consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $550.5 million in cash dividends, including four special dividends since the dividend program was implemented in the third quarter of 2003.

The press release may contain forward-looking statements, which are based on information currently available. These statements and assumptions involve certain risks and uncertainties. Actual events may differ from these expectations as specified from time to time in filings with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statement to the extent it becomes aware that it will not be achieved for any reason.

For further information contact
Michael J. Gerdin, CEO
Christopher A. Strain, CFO
Heartland Express, Inc.
319-645-7060

FAQ

When will Heartland Express, Inc. (HTLD) pay the declared quarterly cash dividend?

Heartland Express, Inc. (HTLD) will pay the declared quarterly cash dividend on April 5, 2024.

How much is the quarterly cash dividend per share declared by Heartland Express, Inc. (HTLD)?

The quarterly cash dividend per share declared by Heartland Express, Inc. (HTLD) is $0.02.

How much total amount will be paid by Heartland Express, Inc. (HTLD) for the quarterly cash dividend?

Heartland Express, Inc. (HTLD) will pay a total of approximately $1.6 million for the quarterly cash dividend.

What is the total amount of cash dividends paid by Heartland Express, Inc. (HTLD) since the dividend program inception?

Heartland Express, Inc. (HTLD) has paid a total of $550.5 million in cash dividends since the dividend program inception in the third quarter of 2003.