J.B. Hunt Transport Services, Inc. Announces an Increase of Quarterly Dividend

Rhea-AI Summary

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) has declared a quarterly dividend of $0.30 per share, marking a 7.1% increase from the previous quarter and an 11.1% increase year-over-year. This dividend is payable on May 21, 2021, to shareholders of record as of May 7, 2021. As a Fortune 500 and S&P 500 company, J.B. Hunt continues to enhance its position as a leader in supply chain solutions across North America, providing diverse services including intermodal, truckload, and final mile delivery.

Positive

• Quarterly dividend increased by 7.1% from prior quarter.
• Year-over-year dividend growth of 11.1% reflects strong financial health.
• Continued commitment to shareholder returns enhances investor confidence.

Negative

• None.

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.30 (thirty cents) per common share, a 7.1% increase over the prior quarter and an 11.1% increase over the prior year quarterly dividend. The dividend is payable to stockholders of record on May 7, 2021 and will be paid on May 21, 2021.

About J.B. Hunt

J.B. Hunt Transport Services, Inc., a Fortune 500 and S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210422005941/en/

FAQ

What is the dividend amount declared by J.B. Hunt for May 2021?

J.B. Hunt has declared a quarterly dividend of $0.30 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on May 21, 2021.

What is the date of record for J.B. Hunt's dividend?

The record date for the dividend is May 7, 2021.

How much has J.B. Hunt's dividend increased compared to last year?

The dividend has increased by 11.1% compared to the previous year.

How does J.B. Hunt's dividend increase affect investors?

The increase in dividend signals strong financial performance and commitment to returning value to shareholders.