J.B. Hunt Transport Services, Inc. Announces Payment of Dividend

Rhea-AI Summary

J.B. Hunt Transport Services declared a quarterly dividend of $0.40 per share, reflecting a 33% increase from the previous dividend amount. This dividend is scheduled for payment on February 18, 2022 to shareholders on record as of February 4, 2022. J.B. Hunt, a prominent player in North America's supply chain solutions, continues to demonstrate its commitment to returning value to shareholders through this dividend increase.

Positive

• 33% increase in quarterly dividend to $0.40 per share
• Continued commitment to return value to shareholders

Negative

• None.

LOWELL, Ark.--(BUSINESS WIRE)-- J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared the regular quarterly dividend on its common stock of $ 0.40 (forty cents) per common share, an increase of 33% over the prior quarterly dividend, payable to stockholders of record on February 4, 2022. The dividend will be paid on February 18, 2022.

About J.B. Hunt

J.B. Hunt Transport Services, Inc., an 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/20220120005893/en/

Brad Delco

Vice President - Finance & Investor Relations

(479) 820-2723

Source: J.B. Hunt Transport Services, Inc.

FAQ

What is the dividend amount declared by J.B. Hunt for February 2022?

J.B. Hunt declared a quarterly dividend of $0.40 per share.

When is the J.B. Hunt dividend payment date?

The dividend will be paid on February 18, 2022.

What was the percentage increase in J.B. Hunt's quarterly dividend?

The quarterly dividend increased by 33% over the prior amount.

Who qualifies for the J.B. Hunt dividend payment?

Stockholders on record as of February 4, 2022, qualify for the dividend payment.