JB Hunt Transport Services (JBHT) Declares $0.23 Quarterly Dividend; $500M Stock Buyback

JB Hunt Transport Services (NASDAQ: JBHT) declared a quarterly dividend of $0.23 per share, or $0.92 annualized. The dividend will be payable on May 19, 2017, to stockholders of record on May 5, 2017, with an ex-dividend date of May 3, 2017. The annual yield on the dividend is 1 percent.

J.B. Hunt also announced today, the Board of Directors adopted a new share repurchase program authorizing the repurchase of an additional $500 million of the company’s common stock. The specific timing and amount of the repurchase will vary based on market conditions, cash flows, securities law limitations and other factors. The repurchase program may be suspended, extended or discontinued at any time without prior notice.

For a dividend history and other dividend-related data on JB Hunt Transport Services (JBHT) click here.

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