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 December 15, 2023. This marks the eighty-second consecutive quarterly cash dividend, with a total of $548.9 million paid in cash dividends since the dividend program's implementation in 2003.

NORTH LIBERTY, Iowa, Nov. 21, 2023 (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 December 15, 2023, to shareholders of record at the close of business on December 5, 2023. 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-second consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $548.9 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

What did Heartland Express, Inc. (HTLD) announce in the press release?

Heartland Express, Inc. (HTLD) announced the declaration of a regular quarterly cash dividend of $0.02 per share.

When will the dividend be paid to shareholders?

The dividend of $0.02 per share will be paid on December 15, 2023.

How much will be paid in total and to how many shares?

Approximately $1.6 million will be paid on the Company's 79.1 million shares of common stock.

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

The Company will have paid a total of $548.9 million in cash dividends, including four special dividends since the third quarter of 2003.