J.B. Hunt Transport Services, Inc. Announces Quarterly Dividend

Rhea-AI Summary

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has declared a quarterly dividend of $0.42, a 5% increase from the previous dividend. This dividend will be payable to shareholders of record on February 10, 2023, and paid on February 24, 2023. As a key player in North America's logistics sector, J.B. Hunt applies technology-driven solutions to enhance supply chain efficiency and flexibility across various services, including intermodal and truckload transport. The company is part of the Dow Jones Transportation Average, underscoring its significant market presence.

Positive

• Quarterly dividend increased by 5% to $0.42 per share.
• Dividend payment signals company confidence and shareholder value.

Negative

• None.

LOWELL, Ark.--(BUSINESS WIRE)-- 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 $ 0.42 (forty two cents) per common share, which is a 5% increase over the previous quarterly dividend. The dividend is payable to stockholders of record on February 10, 2023 and will be paid on February 24, 2023.

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, last 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/20230119005835/en/

Brad Delco

Senior Vice President - Finance

(479) 820-2723

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

FAQ

When will J.B. Hunt's dividend be paid in 2023?

The dividend will be paid on February 24, 2023.

What is the amount of J.B. Hunt's recent dividend increase?

The recent dividend was increased by 5% to $0.42 per share.

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

Shareholders of record on February 10, 2023, will qualify for the dividend.