J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT – Get Free Report) declared a quarterly dividend on Thursday, April 23rd. Shareholders of record on Friday, May 8th will be given a dividend of 0.45 per share by the transportation company on Friday, May 22nd. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, May 8th.
J.B. Hunt Transport Services has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 22 years. J.B. Hunt Transport Services has a dividend payout ratio of 25.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect J.B. Hunt Transport Services to earn $8.94 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 20.1%.
J.B. Hunt Transport Services Stock Up 2.7%
JBHT opened at $253.71 on Friday. The company has a market capitalization of $24.00 billion, a PE ratio of 39.27, a PEG ratio of 1.84 and a beta of 1.22. J.B. Hunt Transport Services has a 1-year low of $126.05 and a 1-year high of $256.18. The firm’s 50 day simple moving average is $220.49 and its two-hundred day simple moving average is $197.88. The company has a current ratio of 1.26, a quick ratio of 0.81 and a debt-to-equity ratio of 0.36.
About J.B. Hunt Transport Services
J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.
In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.
Further Reading
Receive News & Ratings for J.B. Hunt Transport Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J.B. Hunt Transport Services and related companies with MarketBeat.com's FREE daily email newsletter.
