Heartland Express declared a $0.02 quarterly dividend, payable on October 7, marking its ninety-third consecutive payment.
Quiver AI Summary
Heartland Express, Inc. has announced a quarterly cash dividend of $0.02 per share, set to be paid on October 7, 2026, to shareholders recorded by September 25, 2026. This marks the company's ninety-third consecutive dividend, with an estimated total distribution of $1.5 million across approximately seventy-seven million shares. Since the initiation of its dividend program in 2003, Heartland Express has paid out a total of $566.1 million in cash dividends, including four special dividends. The announcement includes forward-looking statements that may carry risks and uncertainties, and the company does not commit to updating these statements unless required.
Potential Positives
- The declaration of a $0.02 per share quarterly cash dividend demonstrates the company's commitment to returning value to shareholders.
- This marks the ninety-third consecutive quarterly cash dividend, reflecting a strong track record of consistent financial performance.
- The total cash dividends paid since the program's inception in 2003 has reached $566.1 million, indicating a long-term commitment to shareholder returns.
Potential Negatives
- The declared dividend of $0.02 per share may indicate limited cash flow or profitability, which could raise concerns among investors about the company's long-term financial health.
- Despite a history of consecutive dividends, the relatively modest dividend amount might not meet shareholder expectations in a competitive market, which could lead to dissatisfaction among investors.
- The mention of forward-looking statements and associated risks and uncertainties may cast doubt on the company's future performance and commitment to maintaining its dividend policy.
FAQ
What is the declared cash dividend amount by Heartland Express?
Heartland Express has declared a quarterly cash dividend of $0.02 per share.
When will the cash dividend be paid to shareholders?
The cash dividend will be paid on October 7, 2026.
Who will receive the cash dividend from Heartland Express?
Shareholders of record at the close of business on September 25, 2026, will receive the cash dividend.
How many consecutive quarterly dividends has Heartland Express paid?
This marks the ninety-third consecutive quarterly cash dividend for Heartland Express.
What is the total cash dividend amount paid by Heartland Express since 2003?
Heartland Express has paid a total of $566.1 million in cash dividends since the third quarter of 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 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HTLD stock by insiders over the last 6 months:
- DAVID PAUL MILLIS sold 31,402 shares for an estimated $492,091
- 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 $184.1M in Q2 2026. This is a decrease of -12.48% 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 99 institutional investors add shares of $HTLD stock to their portfolio, and 87 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GATE CITY CAPITAL MANAGEMENT, LLC removed 1,258,335 shares (-79.7%) from their portfolio in Q2 2026, for an estimated $19,151,858
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 1,149,008 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $11,949,683
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 973,500 shares (+inf%) to their portfolio in Q2 2026, for an estimated $14,816,670
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 785,724 shares (+133.4%) to their portfolio in Q2 2026, for an estimated $11,958,719
- FRONTIER CAPITAL MANAGEMENT CO LLC added 468,578 shares (+inf%) to their portfolio in Q2 2026, for an estimated $7,131,757
- CITADEL ADVISORS LLC removed 320,068 shares (-86.7%) from their portfolio in Q1 2026, for an estimated $3,328,707
- NUVEEN, LLC added 310,247 shares (+254.7%) to their portfolio in Q2 2026, for an estimated $4,721,959
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 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 $13.0.
Here are some recent targets:
- Ravi Shanker from Morgan Stanley set a target price of $13.0 on 07/06/2026
- Brandon Oglenski from Barclays set a target price of $14.0 on 06/26/2026
- 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, Sept. 15, 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 October 7, 2026, to shareholders of record at the close of business on September 25, 2026. We currently estimate that a total of $1.5 million will be paid on the Company's approximate seventy-seven million shares of common stock. This is the Company's ninety-third consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $566.1 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
