Heartland Express, Inc. (HTLD) To Go Ex-Dividend on June 23rd

Heartland Express, Inc. (NASDAQ:HTLDGet Free Report) announced a quarterly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 23rd will be given a dividend of 0.02 per share by the transportation company on Monday, July 6th. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Heartland Express has a payout ratio of 22.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Heartland Express to earn $0.50 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 16.0%.

Heartland Express Stock Performance

NASDAQ HTLD opened at $14.43 on Friday. Heartland Express has a 52-week low of $6.99 and a 52-week high of $16.64. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.27 and a current ratio of 1.27. The company has a market capitalization of $1.12 billion, a P/E ratio of -25.77 and a beta of 1.31. The company has a fifty day moving average of $13.67 and a 200-day moving average of $11.41.

Heartland Express (NASDAQ:HTLDGet Free Report) last released its earnings results on Friday, April 24th. The transportation company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.07. Heartland Express had a negative return on equity of 3.70% and a negative net margin of 5.69%.The business had revenue of $153.81 million for the quarter, compared to analysts’ expectations of $177.30 million. During the same quarter in the prior year, the firm earned ($0.18) earnings per share. The firm’s revenue was down 19.7% on a year-over-year basis. As a group, equities research analysts predict that Heartland Express will post 0.04 EPS for the current fiscal year.

About Heartland Express

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Heartland Express, Inc (NASDAQ: HTLD) is a publicly traded truckload carrier headquartered in North Liberty, Iowa. The company specializes in full truckload transportation, offering dry-van services that connect shippers with customers across the continental United States. Its primary focus is on over-the-road freight movements, serving industries such as manufacturing, retail, and consumer goods.

Founded in 1978 as Heartland Motor Freight, the company has grown from a regional carrier into one of the larger U.S.

Further Reading

Dividend History for Heartland Express (NASDAQ:HTLD)

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