Marten Transport announces a quarterly dividend of $0.06 per share, marking its 62nd consecutive payment.
Quiver AI Summary
Marten Transport, Ltd. has announced a quarterly cash dividend of $0.06 per share, marking the 62nd consecutive quarterly dividend for the company. This dividend will be paid on December 29, 2025, to stockholders recorded by December 15, 2025. Since the start of its dividend program in 2010, Marten has disbursed a total of $271.2 million in cash dividends, which includes special dividends of $134.9 million over the past few years. Based in Mondovi, Wisconsin, Marten Transport is a leading carrier specializing in temperature-sensitive truckload services across North America, focusing on the expedited transport of food and consumer goods. The company's stock is publicly traded on the Nasdaq under the symbol MRTN.
Potential Positives
- The declaration of a regular quarterly cash dividend of $0.06 per share demonstrates the company's commitment to returning value to its shareholders.
- This marks the 62nd consecutive quarterly cash dividend, showcasing Marten Transport's consistency and reliability in financial performance.
- The total cash dividends paid amounting to $271.2 million since the dividend program began in 2010 highlights the company's strong history of shareholder returns and financial stability.
- Marten Transport's position as one of the leading temperature-sensitive truckload carriers signifies its competitive strength and potential for continued growth in the logistics sector.
Potential Negatives
- The declaration of a recurring dividend, while seemingly positive, may signal limited reinvestment in growth initiatives, potentially affecting long-term competitiveness.
- The mention of substantial risks and uncertainties associated with forward-looking statements, could indicate instability or potential challenges the company may face in the future.
- Detailing a history of dividend payments might raise concerns among investors about the sustainability of future dividend payouts, particularly in light of fluctuating market conditions.
FAQ
What is the amount of the declared dividend by Marten Transport?
Marten Transport has declared a quarterly cash dividend of $0.06 per share of common stock.
When will the dividend be paid to shareholders?
The dividend will be payable on December 29, 2025, to stockholders of record by December 15, 2025.
How many consecutive quarterly dividends has Marten Transport paid?
This dividend marks Marten's 62nd consecutive quarterly cash dividend since the program began.
What total amount has Marten Transport paid in cash dividends?
Marten Transport has paid a total of $271.2 million in cash dividends since the dividend program was implemented in 2010.
What services does Marten Transport provide?
Marten Transport offers temperature-sensitive and dry truckload transportation and distribution across the U.S., Mexico, and Canada.
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.
$MRTN Hedge Fund Activity
We have seen 129 institutional investors add shares of $MRTN stock to their portfolio, and 119 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VICTORY CAPITAL MANAGEMENT INC removed 3,174,571 shares (-99.7%) from their portfolio in Q3 2025, for an estimated $33,840,926
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 1,320,316 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $14,074,568
- AMERIPRISE FINANCIAL INC added 518,280 shares (+128.4%) to their portfolio in Q3 2025, for an estimated $5,524,864
- QUBE RESEARCH & TECHNOLOGIES LTD added 425,767 shares (+2296.2%) to their portfolio in Q3 2025, for an estimated $4,538,676
- NUANCE INVESTMENTS, LLC added 376,487 shares (+6.6%) to their portfolio in Q3 2025, for an estimated $4,013,351
- TWO SIGMA INVESTMENTS, LP added 284,452 shares (+93.3%) to their portfolio in Q3 2025, for an estimated $3,032,258
- RENAISSANCE TECHNOLOGIES LLC added 249,547 shares (+93.3%) to their portfolio in Q3 2025, for an estimated $2,660,171
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MONDOVI, Wis., Nov. 24, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on December 29, 2025 to stockholders of record at the close of business on December 15, 2025.
This is Marten’s 62 nd consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $271.2 million in cash dividends, including special dividends totaling $134.9 million in 2021, 2020, 2019 and 2012, since the dividend program was implemented in 2010.
Marten Transport, with headquarters in Mondovi, Wis., is a multifaceted business offering a network of time and temperature-sensitive and dry truck-based transportation and distribution capabilities across the Company’s five distinct business platforms – Temperature-Sensitive and Dry Truckload, Dedicated, Brokerage and MRTN de Mexico. Marten is one of the leading temperature-sensitive truckload carriers in the United States, specializing in transporting and distributing food, beverages and other consumer packaged goods that require a temperature-controlled or insulated environment. The Company offers service in the United States, Mexico and Canada, concentrating on expedited movements for high-volume customers. Marten’s common stock is traded on the Nasdaq Global Select Market under the symbol MRTN.
This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including Marten’s current expectations concerning future payment of dividends. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially from those expressed in such forward-looking statements. Important factors known to Marten that could cause actual results to differ materially from those discussed in the forward-looking statements are discussed in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. Marten undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACTS: Randy Marten, Chairman of the Board and Chief Executive Officer, Doug Petit, President, and Jim Hinnendael, Executive Vice President and Chief Financial Officer, of Marten Transport, Ltd., 715-926-4216.
