J.B. Hunt Transport Services, Inc. Announces Payment of Dividend
LOWELL, Ark.--(BUSINESS WIRE)--Jan 23, 2019--J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced today that its Board of Directors has declared the regular quarterly dividend on its common stock of $ 0.26 (twenty-six cents) per common share, which is an approximately 8.3% increase from the previous quarterly dividend of $0.24 per share. The Board concluded that the earnings and cash flow generated by the company warranted the higher dividend as one way to return capital to stockholders. The dividend is payable to stockholders of record on February 8, 2019. The dividend will be paid on February 22, 2019.
About J.B. Hunt
J.B. Hunt Transport Services, Inc., a Fortune 500, S&P 500, and NASDAQ-100 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, final 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.
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CONTACT: J.B. Hunt Transport Services, Inc.
David G. Mee
EVP, Finance/Administration and Chief Financial Officer
KEYWORD: UNITED STATES NORTH AMERICA ARKANSAS
INDUSTRY KEYWORD: TRANSPORT RAIL TRUCKING OTHER TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: J.B. Hunt Transport Services, Inc.
Copyright Business Wire 2019.
PUB: 01/23/2019 01:09 PM/DISC: 01/23/2019 01:09 PM