J.B. Hunt Transport Services, Inc. Announces Payment of Dividend
LOWELL, Ark. -- January 29, 2014
J.B. Hunt Transport Services, Inc., (JBHT) (NASDAQ:JBHT) announced today that
its Board of Directors has declared the regular quarterly dividend on its
common stock of $0.20 (twenty cents) per common share, which is a 33% increase
from the previous quarterly dividend of $0.15 per share. The Board concluded
the consistent earnings and cash flow growth generated in recent years
warranted a higher dividend. This larger than historical increase represents a
commitment to returning capital to shareholders on a consistent basis at a
more reasonable yield relative to JBHT’s share price. The dividend will be
paid on February 27, 2014 to stockholders of record on February 13, 2014.
About J.B. Hunt
J.B. Hunt Transport focuses on providing safe and reliable transportation
services to a diverse group of customers throughout the continental United
States, Canada and Mexico. Utilizing an integrated, multimodal approach, the
company provides capacity-oriented solutions centered on delivering customer
value and industry-leading service.
J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker
symbol JBHT and is a component of the Dow Jones Transportation Average. J.B.
Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more
information, visit www.jbhunt.com.
J.B. Hunt Transport Services, Inc.
David G. Mee, 479-820-8363
EVP, Finance/Administration and Chief Financial Officer
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