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NORTH LIBERTY, Iowa - Heartland Express, Inc. (NASDAQ:HTLD) announced Friday it will pay a regular quarterly cash dividend of $0.02 per share on October 3, 2025, to shareholders of record as of September 23, 2025. The dividend represents a 0.92% yield based on the current share price of $8.67. According to InvestingPro data, the company has maintained dividend payments for 23 consecutive years.
The transportation company estimates approximately $1.6 million will be distributed across its roughly 78 million outstanding common shares.
This marks Heartland Express’s 89th consecutive quarterly dividend payment. Since initiating its dividend program in the third quarter of 2003, the company has paid a total of $559.9 million in cash dividends, including four special dividends.
Heartland Express operates in the trucking and transportation sector, providing nationwide service. The dividend announcement was made through a company press release statement. Get access to detailed financial analysis and 6 additional exclusive ProTips for HTLD through InvestingPro’s comprehensive research reports.
In other recent news, Morgan Stanley has adjusted its outlook on Heartland Express by lowering the stock price target from $12 to $11. Despite maintaining an Equalweight rating, the firm highlighted that Heartland Express has shown "early signs of operational improvement." However, Morgan Stanley pointed out that the company’s overall results continue to be "underwhelming." The firm emphasized the need for Heartland Express to demonstrate sustained execution to positively influence investor sentiment. These developments reflect the latest analyst assessments and are crucial for investors considering the company’s future performance.
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