J.B. Hunt Transport Services, Inc. Plans Quarterly Dividend of $0.45 (NASDAQ:JBHT)

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) declared a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Friday, August 7th will be paid a dividend of 0.45 per share by the transportation company on Friday, August 21st. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, August 7th.

J.B. Hunt Transport Services has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 22 consecutive years. J.B. Hunt Transport Services has a payout ratio of 25.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect J.B. Hunt Transport Services to earn $9.74 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 18.5%.

J.B. Hunt Transport Services Stock Performance

Shares of JBHT opened at $292.24 on Thursday. The firm has a market cap of $27.56 billion, a PE ratio of 41.39, a PEG ratio of 1.85 and a beta of 1.29. The stock’s fifty day moving average price is $277.52 and its two-hundred day moving average price is $240.59. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.26 and a quick ratio of 1.26. J.B. Hunt Transport Services has a 1 year low of $130.12 and a 1 year high of $299.76.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.20. J.B. Hunt Transport Services had a return on equity of 18.75% and a net margin of 5.31%.The company had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter in the prior year, the company earned $1.31 EPS. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. On average, equities research analysts forecast that J.B. Hunt Transport Services will post 7.71 EPS for the current year.

J.B. Hunt Transport Services Company Profile

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.