Heartland Express dividend – Heartland Express, Declares Regular Quarterly Dividend to Shareholders
November 27, 2023
🌥️Trending News
Heartland Express ($NASDAQ:HTLD), Inc. has declared their regular quarterly dividend to their shareholders. This announcement has been welcomed by the stockholders of the company, as it is an indicator of the financial health of the corporation. Heartland Express, Inc. is a publicly-traded truckload carrier based in North Liberty, Iowa.
With their commitment to safety and customer service, they have built a reputation for reliability and excellence in the transportation industry. These dividends will provide stockholders with a return on their investment and reflect the confidence Heartland Express, Inc. has in its financial performance.
Dividends – Heartland Express dividend
This marks the third year in a row that the company has issued an annual dividend per share of 0.08 USD. In addition, HEARTLAND EXPRESS has estimated that their dividend yields from 2021 to 2023 will range from 0.5% to 0.55%, with an average dividend yield of 0.5%. This news is sure to be welcomed by shareholders as it confirms their continued commitment to stable returns on investments.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Heartland Express. More…
| Total Revenues | Net Income | Net Margin |
| 1.29k | 25.17 | 0.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Heartland Express. More…
| Operations | Investing | Financing |
| 233.46 | -663.26 | 359.26 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Heartland Express. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.58k | 714.39 | 10.9 |
Key Ratios Snapshot
Some of the financial key ratios for Heartland Express are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 25.1% | -19.0% | 4.6% |
| FCF Margin | ROE | ROA |
| 1.2% | 4.3% | 2.4% |
Stock Price
On Wednesday, the company’s stock opened at $13.0 and closed at $12.9, representing a slight increase of 0.2% from its previous closing price of $12.9. This dividend announcement is part of Heartland Express’ larger financial strategy, which it has consistently implemented over the past few years. The company’s commitment to its shareholders is clear, as it continues to reward them through dividends. Live Quote…
Analysis
GoodWhale’s analysis of HEARTLAND EXPRESS‘s fundamentals shows that it has an intermediate health score of 6/10 considering its cashflows and debt. This likely means that it will be able to safely ride out any crisis without the risk of bankruptcy. We have classified HEARTLAND EXPRESS as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. HEARTLAND EXPRESS shows strong characteristics in asset, dividend, and medium in growth, profitability – so these are aspects that may attract various types of investors. Those looking for a stable and reliable investment may be interested in the company’s asset strength and dividend capabilities. On the other hand, those looking for higher return on investments may be willing to take a chance on the moderate growth and profitability that HEARTLAND EXPRESS offers. More…
Peers
The trucking industry is highly competitive, with Heartland Express Inc competing against Marten Transport Ltd, P.A.M. Transportation Services Inc, and Saia Inc. All of these companies are vying for market share, with each company offering different benefits to their customers.
– Marten Transport Ltd ($NASDAQ:MRTN)
Marten Transport Ltd. is a truckload transportation company specializing in time-sensitive and temperature-sensitive freight. The company operates in three segments: Truckload, Dedicated, and Intermodal. The Truckload segment offers general commodities transportation services using dry van trailers. The Dedicated segment provides transportation services for specific customers using dry van trailers. The Intermodal segment offers transportation services using containers and trailers on railroads.
– P.A.M. Transportation Services Inc ($NASDAQ:PTSI)
P.A.M. Transportation Services Inc is a trucking company that specializes in transporting perishable goods. The company has a market cap of $620.64 million and a return on equity of 34.12%. P.A.M. Transportation Services is headquartered in Tontitown, Arkansas.
– Saia Inc ($NASDAQ:SAIA)
Saia Inc is a regional less-than-truckload carrier in North America. The company operates through two segments, Trucking and Logistics. The Trucking segment offers regional and interregional less-than-truckload, or LTL, freight services, including expedited, guaranteed and time-sensitive services; local pick-up and delivery services; and other value-added services. This segment also offers drayage services, which are the movement of import containers from seaports to consignees, or the movement of export containers from shippers to seaports; and logistics services, including freight management, transportation management, and warehouse and distribution services. The Logistics segment provides third-party logistics services, including brokerage, intermodal, and domestic and international air and ocean transportation services.
Summary
Heartland Express, Inc. has recently announced a regular quarterly dividend for its shareholders. This is a welcomed development for investors interested in capitalizing on the company’s healthy balance sheet and long-term growth prospects. By paying a steady dividend, the company reaffirms its commitment to generating value for shareholders. All in all, Heartland Express, Inc. appears to be an attractive investment option for those looking to capitalize on the long-term potential of the company.
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