Werner Enterprises hikes dividend by 8.3%

Werner Enterprises, Inc. (WERN) will raise its quarterly dividend by 8.3 percent to 13 cents per share in 2022. This follows two dividend hikes for a total increase of 33.3 percent announced by WERN in 2021. The logistics company did also pay a $3.75 per share special dividend in 2019. 

The next cash dividend of $0.13 per common share is payable to WERN shareholders of record at the close of business on May 3, 2021. The ex-dividend date is April 14, 2022. A 52 cent per share regular annual dividend yields 1.3% at a stock price of $40.68 to Werner Enterprises stockholders.

Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. The Werner Logistics portfolio includes freight management, truck brokerage, intermodal, and international services. Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987.