Werner Enterprises Increases Quarterly Dividend

Rhea-AI Summary

Werner Enterprises (NASDAQ: WERN) announced a quarterly cash dividend of $.10 per share, payable to stockholders on May 4, 2021. This marks an increase of $.01 (11%) from the previous dividend of $.09 per share. Stockholders must be on record by April 19, 2021, to qualify for this payment. Werner has consistently paid dividends every quarter since July 1987, reflecting its strong commitment to returning value to shareholders. Founded in 1956, the company is a leading transportation and logistics provider across North America.

Positive

• Dividend increased by 11%, from $.09 to $.10 per share.
• Consistent dividend payments since July 1987 demonstrate reliability.
• Strong positioning as one of the top five truckload carriers in the U.S.

Negative

• None.

OMAHA, Neb., Feb. 25, 2021 (GLOBE NEWSWIRE) -- 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 $.10 (10.0 cents) per common share payable to stockholders of record at the close of business on April 19, 2021. This dividend is a $.01 per share increase (or 11%) compared to the Company’s previous quarterly dividend rate of $.09 per share. This dividend will be paid on May 4, 2021.

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

Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America. Werner maintains its corporate headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico. Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated, medium-to-long-haul, regional and expedited van; and temperature-controlled. The Werner Logistics portfolio includes North American truck brokerage, freight management, intermodal and final mile services.

Werner Enterprises, Inc.’s common stock trades on the NASDAQ Global Select Market^SM under the symbol “WERN”. For further information about Werner, visit the company’s website at www.werner.com.

Contact: John J. Steele
Vice President, Treasurer and Chief Financial Officer
(402) 894-3036

FAQ

What is the dividend amount declared by Werner Enterprises?

The dividend amount declared is $.10 (10 cents) per common share.

When will the dividend be paid to shareholders of Werner Enterprises?

The dividend will be paid on May 4, 2021.

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

The record date for the dividend payment is April 19, 2021.

How often has Werner Enterprises paid dividends?

Werner Enterprises has paid a quarterly dividend every quarter since July 1987.