Universal Logistics Holdings, Inc. (ULH) Declares $0.11 Special Dividend; 0.5% Yield

Universal Logistics Holdings, Inc. (NASDAQ: ULH) declared a special dividend of $0.11 per share.

The dividend will be payable on March 14, 2019, to stockholders of record on March 4, 2019, with an ex-dividend date of March 1, 2019.

The annual yield on the dividend is 0.5 percent.

"2018 proved to be a very exciting year for Universal," stated Jeff Rogers, Universal's Chief Executive Officer. "We closed out the year with the highest quarterly revenue ever reported, making the fourth quarter of 2018 Universal's eighth consecutive quarter of top-line revenue growth. In fact, we reported double-digit revenue growth in each quarter of 2018, all while delivering outstanding customer service. During the year, Universal also completed the acquisition of four best-in-class intermodal service providers, further expanding our strategic footprint into some of the largest intermodal markets in the United States. And this year, we delivered the best operating results ever reported in Universal's history. I am pleased with all that we have accomplished as Team Universal, and I remain optimistic about what lies in store for the year ahead."

Universal calculates and reports selected financial metrics not only in connection with lending arrangements but also in an effort to isolate and exclude the impact of non-operating expenses related to our corporate development activities. These statistics are described in more detail below in the section captioned "Non-GAAP Financial Measures."

For a dividend history and other dividend-related data on Universal Logistics Holdings, Inc. (ULH) click here.

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