Schneider National, Inc. (NYSE:SNDR) Plans Quarterly Dividend of $0.10

Schneider National, Inc. (NYSE:SNDR) declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Friday, June 12th will be paid a dividend of 0.10 per share on Friday, July 10th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, June 12th.

Schneider National has decreased its dividend payment by an average of 0.3%per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Schneider National has a dividend payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Schneider National to earn $1.45 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 27.6%.

Schneider National Trading Up 2.5%

Schneider National stock traded up $0.76 during mid-day trading on Thursday, hitting $31.13. The company’s stock had a trading volume of 1,013,179 shares, compared to its average volume of 1,012,915. The company has a 50 day moving average of $27.20 and a 200-day moving average of $26.31. The stock has a market cap of $5.46 billion, a PE ratio of 52.76, a P/E/G ratio of 0.89 and a beta of 1.05. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.95 and a current ratio of 2.13. Schneider National has a one year low of $20.11 and a one year high of $31.56.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.40 billion. Schneider National had a return on equity of 3.66% and a net margin of 1.83%. On average, research analysts anticipate that Schneider National will post 0.86 EPS for the current year.

Insider Activity

In other news, CFO Darrell George Campbell sold 6,000 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $28.89, for a total transaction of $173,340.00. Following the transaction, the chief financial officer owned 66,275 shares of the company’s stock, valued at approximately $1,914,684.75. This represents a 8.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 23.64% of the company’s stock.

Institutional Investors Weigh In On Schneider National

Institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd boosted its position in Schneider National by 2,425.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after purchasing an additional 1,625 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Schneider National during the fourth quarter valued at about $47,000. Farther Finance Advisors LLC boosted its position in Schneider National by 155.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock valued at $48,000 after purchasing an additional 1,110 shares in the last quarter. SJS Investment Consulting Inc. boosted its position in Schneider National by 695.0% during the first quarter. SJS Investment Consulting Inc. now owns 2,059 shares of the company’s stock valued at $54,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Quarry LP boosted its position in Schneider National by 36.7% during the third quarter. Quarry LP now owns 3,404 shares of the company’s stock valued at $72,000 after purchasing an additional 913 shares in the last quarter. Institutional investors own 28.54% of the company’s stock.

About Schneider National

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.