Werner Enterprises Announces Quarterly Dividend

Rhea-AI Summary

Werner Enterprises, Inc. (NASDAQ: WERN) has declared a quarterly cash dividend of $0.13 per common share, payable on May 3, 2023. The record date for stockholders is April 17, 2023. This marks an unbroken dividend payment since July 1987. In 2022, Werner reported revenues of $3.3 billion and continues to provide industry-leading transportation and logistics services across the U.S., Mexico, and Canada. The company remains committed to sustainability and diversity, while leveraging its modern truck fleet and innovative Werner EDGE technology.

Positive

• Quarterly cash dividend of $0.13 per share increases shareholder income.
• Consistent dividend payments since July 1987 demonstrate financial stability.
• Reported 2022 revenues of $3.3 billion, indicating strong business performance.
• Commitment to sustainability and diversity enhances corporate reputation.

Negative

• None.

OMAHA, Neb.--(BUSINESS WIRE)-- Werner Enterprises, Inc. (Nasdaq: WERN), one of the nation’s largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.13 (thirteen cents) per common share. This dividend will be paid on May 3, 2023, to stockholders of record at the close of business on April 17, 2023.

Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987.

Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2022 revenues of $3.3 billion, an industry-leading modern truck and trailer fleet, over 14,000 talented associates and our innovative Werner EDGE technology, we are an essential solutions provider for customers who value the integrity of their supply chain and require safe and exceptional on-time service. Werner provides Dedicated and One-Way Truckload services as well as Logistics services that include truckload brokerage, freight management, intermodal and final mile. As an industry leader, Werner is deeply committed to promoting sustainability and supporting diversity, equity and inclusion.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230228006209/en/

John J. Steele

Executive Vice President, Treasurer

and Chief Financial Officer

(402) 894-3036

Source: Werner Enterprises, Inc.

FAQ

What is the dividend amount for Werner Enterprises in 2023?

Werner Enterprises has declared a quarterly cash dividend of $0.13 per common share for 2023.

When will the dividend for Werner Enterprises be paid?

The dividend will be paid on May 3, 2023.

What is the record date for the dividend payment from Werner Enterprises?

The record date for the dividend payment is April 17, 2023.

How long has Werner Enterprises been paying dividends?

Werner Enterprises has paid a quarterly cash dividend since July 1987.