Marten Transport Declares New Quarterly Dividend
Marten Transport, Ltd. (NASDAQ: MRTN) has made a significant announcement that will please its stockholders. The Board of Directors has declared a regular quarterly cash dividend set at $0.06 per share of common stock. This dividend is scheduled to be paid out on September 30, 2025, to stockholders who are on record as of the end of business on September 16, 2025.
Celebrating Consistent Returns
This latest dividend marks the 61st consecutive quarter that Marten has returned value to its shareholders through cash dividends. Since the inception of its dividend program in 2010, the company has distributed over $266.3 million, which includes substantial special dividends totaling $134.9 million issued during the years 2012, 2019, 2020, and 2021. This consistent payout not only reflects Marten's strong operational performance but also its steadfast commitment to providing returns to its investors.
About Marten Transport
Headquartered in Mondovi, Wisconsin, Marten Transport is a reputable player in the transportation industry, recognized for its diverse service offerings. The company specializes in transporting temperature-sensitive and dry freight across its six main business platforms: Temperature-Sensitive and Dry Truckload, Dedicated, Intermodal, Brokerage, and MRTN de Mexico. Marten is particularly notable for being one of the leading carriers of temperature-sensitive commodities in the United States, ensuring that sensitive products such as food and beverages are delivered in optimal condition.
Operational Excellence Across Borders
Marten operates across the United States, Mexico, and Canada, with a focus on expedited transportation for high-volume customers. The company’s adept logistics ensure rapid and reliable deliveries, which is essential in today’s fast-paced market environment. With a strategic focus on customer satisfaction, Marten frequently adapts its operations to meet the evolving needs of its diverse client base.
Investor Relationships and Contact Information
Investors looking for more information about Marten Transport or their latest dividend announcement are encouraged to reach out directly. Key contacts include Tim Kohl, Chief Executive Officer; Doug Petit, President; and Jim Hinnendael, Executive Vice President and Chief Financial Officer, available at the company's main office number: 715-926-4216.
Frequently Asked Questions
What is the amount of the declared quarterly dividend for Marten Transport?
The declared quarterly dividend is set at $0.06 per share of common stock.
When will the dividend be paid out?
The dividend is scheduled to be paid on September 30, 2025.
How many consecutive quarters has Marten Transport paid dividends?
Marten Transport has paid dividends for 61 consecutive quarters.
What total amount has Marten paid in dividends since 2010?
Since 2010, Marten has paid a total of $266.3 million in cash dividends.
Who can shareholders contact for more information?
Shareholders can contact Tim Kohl, Doug Petit, or Jim Hinnendael at 715-926-4216 for more information.
