Landstar Announces Increase to Stock Purchase Program and Special Dividend

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Landstar System (LSTR) Declares $1.50 Special Dividend; Raises Buyback Plan to 3M Shares

December 13, 2017 4:38 PM EST

Landstar System (NASDAQ: LSTR) declared a special dividend of $1.50 per share.

The dividend will be payable on January 26, 2018, to stockholders of record on January 12, 2018, with an ex-dividend date of January 11, 2018.

The annual yield on the dividend is 1.4 percent.

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