Heartland Express, Inc. Declares Regular Quarterly Dividend
November 21 2016 - 5:44PM
The Board of Directors of Heartland Express, Inc. (Nasdaq:HTLD)
announced today the declaration of a regular quarterly cash
dividend. The $0.02 per share dividend will be paid on
December 16, 2016 to shareholders of record at the close of
business on December 6, 2016. We currently estimate that a
total of approximately $1.7 million will be paid on the Company's
83.3 million shares of common stock. This is the Company's
fifty-fourth consecutive quarterly cash dividend. With the
payment of this dividend, the Company will have paid a total of
$464.1 million in cash dividends, including three special dividends
since the dividend program was implemented in the third quarter of
2003.
The press release may contain forward-looking
statements, which are based on information currently
available. These statements and assumptions involve certain
risks and uncertainties. Actual events may differ from these
expectations as specified from time to time in filings with the
Securities and Exchange Commission. The Company assumes no
obligation to update any forward-looking statement to the extent it
becomes aware that it will not be achieved for any reason.
For further information contactMichael J. Gerdin,
President and CEOJohn P. Cosaert, ExecVP, CFO, and
TreasurerHeartland Express, Inc.319-626-3600
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