Dividend Growth of Heartland Express, Inc.(HTLD)

Heartland Express(HTLD) is having a Dividend Yield of 0.39% with the Annual cash Dividend per share of $0.08. The last quarter cash dividend per share pay out was $0.02. Heartland Express has a 5 year average dividend yield of 0.46% and the stock has a Indicated annual dividend of $0.08. Heartland Express(HTLD) formally announced its most recent dividend on November 22, 2016 with a Dividend per share of $0.02. The new indicated annual dividend based on announced dividend per share is $0.08. The dividend yield based on the forward looking indicated annual dividend is 0.39%. Heartland Express(HTLD) has the most recent dividend payout ratio of 0.12 with a 5-year average payout ratio of 0.1. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.02.

Heartland Express, Inc. (NASDAQ:HTLD) rose 0.48% or 0.1 points on Thursday and made its way into the gainers of the day. After trading began at $20.7 the stock was seen hitting $20.935 as a peak level and $20.57 as the lowest level. The stock ended up at $20.78. The daily volume was measured at 838,111 shares. The 52-week high of the share price is $22.69 and the 52-week low is $16.55. The company has a market cap of $1,731 million. Shares of Heartland Express, Inc. rose by 2.57% in the last five trading days and 2.52% for the last 4 weeks. Heartland Express, Inc. has dropped 5.33% during the last 3-month period . Year-to-Date the stock performance stands at 2.06%.

Currently the company Insiders own 45.3% of Heartland Express, Inc. shares according to the proxy statements. Institutional Investors own 61.41% of Heartland Express, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -29.25%. Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Larry J. Gordon (director) sold 95,386 shares at 20.01 per share price.On Nov 18, 2016, Kent Daryl Rigdon (Vice President of Sales) sold 1,500 shares at 22.04 per share price.On Aug 25, 2016, John P Cosaert (Exec Vice President) sold 4,000 shares at 19.85 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Stifel on Feb 10, 2017 to Hold, Raises Price Target to $ 19 from a previous price target of $18 .Heartland Express was Downgraded by Stifel to Hold on Dec 16, 2016.

Heartland Express Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.15. The company had revenue of $140.00 million for the quarter, compared to analysts expectations of $152.24 million. The companys revenue was down -19.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.20 EPS.

Heartland Express, Inc. is a short-to-medium haul truckload carrier based near Iowa City, Iowa. The Company provides nationwide transportation service to major shippers, using late-model tractors and a uniform fleet of 53-foot aluminum plate dry vans.


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