Landstar System (LSTR) Declares $2.00 Special Dividend; 1.1% Yield

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Go back to Landstar System (LSTR) Declares $2.00 Special Dividend; 1.1% Yield

Landstar Announces Special Dividend

December 10, 2024 4:15 PM EST

JACKSONVILLE, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ-LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 9, 2024, its Board of Directors has declared a special one-time cash dividend in the amount of $2.00 per share, payable on January 21, 2025, to stockholders of record as of the close of business on January 7, 2025.

Landstars strong balance sheet and free cash flow generation enable us to continue to return value to our stockholders, said Landstar President and Chief Executive Officer Frank Lonegro.

The Company... More