Heartland Express declares $0.02 quarterly dividend

0 min read     Updated on 13 Jun 2026, 03:14 AM
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AI Summary

Heartland Express declared a $0.02 per share quarterly dividend, payable on July 6, 2026, to shareholders of record on June 23, 2026. The estimated total payout is $1.6 million on approximately seventy-eight million shares. This is the company's 92nd consecutive quarterly cash dividend, bringing total distributions to $564.5 million since 2003.

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Heartland Express, Inc. has declared a regular quarterly cash dividend of $0.02 per share, continuing its dividend program that began in the third quarter of 2003. The dividend will be paid on July 6, 2026, to shareholders of record at the close of business on June 23, 2026. The company estimates a total payout of $1.6 million on its approximate seventy-eight million shares of common stock.

This announcement marks the ninety-second consecutive quarterly cash dividend for Heartland Express. Including this payment and four special dividends, the company will have distributed a total of $564.5 million in cash dividends to shareholders since the program's inception.

Dividend Details

Detail Information
Dividend per share $0.02
Total estimated payout $1.6 million
Record date June 23, 2026
Payment date July 6, 2026
Approximate shares outstanding seventy-eight million

The Board of Directors approved the dividend, reaffirming the company's commitment to returning capital to shareholders. The payment history reflects a consistent distribution policy spanning over two decades.

How sustainable is the current $0.02 per share dividend rate given Heartland Express's free cash flow projections?

Will the company consider increasing the dividend payout ratio in response to potential future earnings growth?

What impact might the consistent dividend policy have on Heartland Express's ability to fund capital expenditures or acquisitions?

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