Werner Keeps Dividend Steady at a Nickel
Transportation and logistics specialist Werner Enterprisesannounced this morning its second-quarter dividend of $0.05 per share, the same rate it's paid since 2007.
The board of directors said the quarterly dividend is payable on July 16 to the holders of record at the close of business on July 1. The trucking company has made quarterly payouts to investors since 1987. It paid a special dividend of $1.50 per share in December 2012 and has declared special cash dividends since 2008.
The regular dividend payment equates to a $0.20-per-share annual dividend, yielding 0.8% based on the closing price of Werner Enterprises' stock on June 6.
The article Werner Keeps Dividend Steady at a Nickel originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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