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PHOENIX - Knight-Swift Transportation Holdings Inc. (NYSE:KNX) announced Thursday that its board of directors has declared a quarterly cash dividend of $0.18 per share of common stock, continuing its 22-year streak of dividend payments. The current dividend yield stands at 1.69%, with the company having raised its dividend for five consecutive years.
The dividend will be payable to stockholders of record on September 5, 2025, with payment expected on September 22, 2025, according to a press release statement from the transportation company.
Knight-Swift, one of North America’s largest freight transportation companies with a market capitalization of $6.9 billion and annual revenue of $7.4 billion, provides multiple truckload transportation and logistics services as well as less-than-truckload (LTL) services through its nationwide network of business units and terminals in the United States and Mexico. According to InvestingPro, the company maintains strong market presence despite recent revenue declining 2.5% over the last twelve months.
The company noted that its quarterly dividends are pursuant to a cash dividend policy approved by the board. The actual declaration of future cash dividends, along with the establishment of record and payment dates, remains subject to final determination by the board each quarter following review of the company’s financial performance.
Knight-Swift operates the country’s largest tractor fleet and also contracts with third-party equipment providers to deliver a range of truckload services to customers across North America. Trading at a P/E ratio of 41.6x, the stock is currently valued near its InvestingPro Fair Value, with analysts maintaining a positive outlook and forecasting profit growth this year. For deeper insights into KNX’s valuation and growth prospects, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Knight-Swift Transportation Holdings Inc. reported its second-quarter 2025 earnings, showing a stronger-than-expected performance in earnings per share (EPS). The company posted an adjusted EPS of $0.35, exceeding the consensus forecast of $0.33 and marking a 6.06% positive surprise. However, revenue fell slightly short of expectations, coming in at $1.86 billion compared to the forecast of $1.87 billion. Stifel responded to these results by raising its price target for Knight Transportation to $47, while maintaining a Hold rating. Meanwhile, Benchmark reiterated its Buy rating and maintained a $55 price target, acknowledging the company’s better-than-expected earnings. The core Truckload segment was highlighted for outperforming expectations, benefiting from cost containment and utilization initiatives. All segments, except Intermodal, performed in line or above Benchmark’s operating income expectations. These developments reflect Knight-Swift’s strategic focus on improving operational efficiency.
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