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.

WERN Dividend Chart

WERN Dividend data by YCharts. Chart reflects payment to investors of special dividends.


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.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.