Heartland Express Announces Eighty-Seventh Consecutive Quarterly Cash Dividend
NORTH LIBERTY, Iowa, March 14, 2025
The Board of Directors of Heartland Express, Inc. (HTLD) is pleased to announce the declaration of a regular quarterly cash dividend. This dividend, amounting to $0.02 per share, will be paid on April 4, 2025, to shareholders of record at the close of business on March 25, 2025.
Based on the current share count of 78.7 million, the total dividend payout is estimated to be approximately $1.6 million.
Company History of Dividend Payments
This dividend marks the eighty-seventh consecutive quarterly cash dividend for Heartland Express. Since the implementation of the dividend program in the third quarter of 2003, the company has paid out a total of $556.8 million in cash dividends, including four special dividends.
Impact on Shareholders
For shareholders, this dividend payment offers a tangible return on their investment. The consistent dividend payouts reflect the company’s financial stability and commitment to rewarding its shareholders. The $0.02 per share dividend translates to $1.55 per year for every 75 shares owned. For an investor with a larger holding, the quarterly dividend can provide a steady income stream.
Impact on the World
The dividend payment by Heartland Express may have a ripple effect on the economy. Many investors, particularly those living off their investments, rely on dividends as a source of income. The payment of this dividend may help to maintain their standard of living. Furthermore, the dividend payout can contribute to increased consumer spending, as some investors may choose to reinvest their dividends into the economy through purchases.
Additionally, the consistent dividend payments by Heartland Express may attract long-term investors seeking stable, income-generating investments. This can lead to increased demand for the stock, potentially driving up the price and market capitalization of the company.
Conclusion
The declaration of Heartland Express’s eighty-seventh consecutive quarterly cash dividend underscores the company’s commitment to its shareholders and financial stability. For individual investors, this dividend represents a consistent return on their investment. For the economy, the dividend payout can contribute to increased consumer spending and potentially attract long-term investors.
- Heartland Express declares eighthy-seventh consecutive quarterly cash dividend
- Dividend amount: $0.02 per share
- Total dividend payout: approximately $1.6 million
- Impact on shareholders: tangible return, income stream
- Impact on the economy: consumer spending, long-term investment
