Heartland Express, Inc. (HTLD) To Go Ex-Dividend on September 25th

Heartland Express, Inc. (NASDAQ:HTLD) announced a quarterly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 25th will be paid a dividend of 0.02 per share by the transportation company on Wednesday, October 7th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, September 25th.

Heartland Express has a payout ratio of 22.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Heartland Express to earn $0.53 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 15.1%.

Heartland Express Trading Up 1.6%

Shares of NASDAQ:HTLD opened at $11.83 on Wednesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a market capitalization of $914.81 million, a price-to-earnings ratio of -42.25 and a beta of 1.33. Heartland Express has a 1-year low of $6.99 and a 1-year high of $16.64. The company has a 50 day moving average price of $12.81 and a 200 day moving average price of $12.90.

Heartland Express (NASDAQ:HTLD) last released its earnings results on Wednesday, August 5th. The transportation company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $152.38 million during the quarter, compared to analyst estimates of $185.08 million. Heartland Express had a negative return on equity of 0.92% and a negative net margin of 2.98%.During the same quarter in the prior year, the company earned ($0.14) earnings per share. The company’s revenue for the quarter was down 12.5% on a year-over-year basis. On average, research analysts anticipate that Heartland Express will post 0.19 EPS for the current fiscal year.

About Heartland Express

Heartland Express, Inc is a transportation and logistics company that provides asset-based truckload services in North America. The company primarily operates a fleet of dry van tractors and trailers, transporting general freight that does not require temperature control.

Its services include irregular-route and regional truckload transportation, dedicated freight, expedited shipping, and logistics support. Heartland Express serves customers across the United States and also provides cross-border transportation involving Canada and Mexico.

Founded in 1978, the company is headquartered in North Liberty, Iowa.