J.B. Hunt Transport raises quarterly dividend
by January 28, 2016 4:47 pm 63 views
Lowell-based J.B. Hunt Transport Services will pay its shareholders a 22-cent per shared cash dividend on Feb. 26, to shareholders of record on Feb. 12.
The quarterly dividend was raised 4.6% over the 21-cents paid in the previously quarter. The company cited improved earnings and cash flow for the higher dividend rate.
Shares of J.B Hunt Transport (NASDAQ: JBHT) closed Thursday (Jan. 28) at $70.25, up 28 cents. During the past 52 weeks the stock price has ranged from a $93.50 high to a low of $63.58.