Heartland Express declares $0.02 quarterly dividend, marking the 92nd consecutive payment, totaling $564.5 million in cash dividends.
Quiver AI Summary
Heartland Express, Inc. announced the declaration of a quarterly cash dividend of $0.02 per share, set to be paid on July 6, 2026, to shareholders on record as of June 23, 2026. This dividend marks the company's ninety-second consecutive payment, totaling approximately $1.6 million to be distributed among its nearly seventy-eight million shares. Since the initiation of its dividend program in 2003, Heartland Express has paid a total of $564.5 million in cash dividends, including four special dividends. The press release also includes forward-looking statements that may involve risks and uncertainties, noting that actual events could differ from expectations. For further inquiries, the press release provides contact information for the CEO and CFO.
Potential Positives
- The declaration of a regular quarterly cash dividend signals the company's ongoing commitment to returning value to shareholders.
- This marks the ninety-second consecutive quarterly cash dividend, demonstrating a strong and consistent financial performance over many years.
- The total cash dividends paid to date amount to $564.5 million, illustrating a robust track record of profitability and shareholder engagement since the dividend program's inception.
Potential Negatives
- The declaration of a low quarterly cash dividend of $0.02 per share may indicate limited financial growth or profitability for Heartland Express, potentially raising concerns among investors.
- The press release highlights ongoing risks and uncertainties associated with forward-looking statements, which could imply a lack of confidence in future business projections.
- While the company celebrates its consecutive dividend payments, this consistent cash outflow may limit available capital for reinvestment and growth initiatives, possibly undermining long-term financial health.
FAQ
What is the amount of the latest Heartland Express dividend?
The latest dividend declared is $0.02 per share.
When will the dividend be paid to shareholders?
The dividend will be paid on July 6, 2026.
What is the record date for the dividend?
Shareholders must be on record by June 23, 2026, to receive the dividend.
How many consecutive dividends has Heartland Express paid?
This is the ninety-second consecutive quarterly cash dividend by Heartland Express.
What total amount has Heartland Express paid in dividends since 2003?
The company has paid a total of $564.5 million in cash dividends since 2003.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HTLD Insider Trading Activity
$HTLD insiders have traded $HTLD stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $HTLD stock by insiders over the last 6 months:
- DAVID P SPALDING purchased 2,000 shares for an estimated $31,380
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$HTLD Revenue
$HTLD had revenues of $176.3M in Q1 2026. This is a decrease of -19.67% from the same period in the prior year.
You can track HTLD financials on Quiver Quantitative's HTLD stock page.
You can access data on HTLD stock through the Quiver Quantitative API.
$HTLD Hedge Fund Activity
We have seen 93 institutional investors add shares of $HTLD stock to their portfolio, and 84 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 1,149,008 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $11,949,683
- VANGUARD GROUP INC removed 860,920 shares (-22.1%) from their portfolio in Q4 2025, for an estimated $7,774,107
- GATE CITY CAPITAL MANAGEMENT, LLC removed 614,173 shares (-28.0%) from their portfolio in Q1 2026, for an estimated $6,387,399
- TWO SIGMA INVESTMENTS, LP added 594,466 shares (+70.3%) to their portfolio in Q1 2026, for an estimated $6,182,446
- MAGNOLIA GROUP, LLC removed 484,700 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $4,376,841
- GOLDMAN SACHS GROUP INC added 378,197 shares (+149.8%) to their portfolio in Q1 2026, for an estimated $3,933,248
- EVR RESEARCH LP added 330,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $3,432,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$HTLD Analyst Ratings
Wall Street analysts have issued reports on $HTLD in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Underweight" rating on 01/15/2026
To track analyst ratings and price targets for $HTLD, check out Quiver Quantitative's $HTLD forecast page.
$HTLD Price Targets
Multiple analysts have issued price targets for $HTLD recently. We have seen 5 analysts offer price targets for $HTLD in the last 6 months, with a median target of $12.0.
Here are some recent targets:
- Brandon Oglenski from Barclays set a target price of $12.0 on 04/28/2026
- Dan Moore from Baird set a target price of $15.0 on 04/24/2026
- Brian Ossenbeck from JP Morgan set a target price of $10.0 on 04/24/2026
- Thomas Wadewitz from UBS set a target price of $12.0 on 04/24/2026
Full Release
NORTH LIBERTY, Iowa, June 12, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Heartland Express, Inc. (Nasdaq: HTLD) announced today the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on July 6, 2026, to shareholders of record at the close of business on June 23, 2026. We currently estimate that a total of $1.6 million will be paid on the Company's approximate seventy-eight million shares of common stock. This is the Company's ninety-second consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $564.5 million in cash dividends, including four special dividends since the dividend program was implemented in the third quarter of 2003.
The press release may contain forward-looking statements, which are based on information currently available. These statements and assumptions involve certain risks and uncertainties. Actual events may differ from these expectations as specified from time to time in filings with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statement to the extent it becomes aware that it will not be achieved for any reason.
For further information contact
Michael J. Gerdin, CEO
Christopher A. Strain, CFO
Heartland Express, Inc.
319-645-7060
