Heartland Express, Inc. Announces Quarterly Dividend of $0.02 (NASDAQ:HTLD)

Heartland Express, Inc. (NASDAQ:HTLD - Get Free Report) declared a quarterly dividend on Friday, September 12th, RTT News reports. Stockholders of record on Tuesday, September 23rd will be given a dividend of 0.02 per share by the transportation company on Friday, October 3rd. This represents a c) annualized dividend and a dividend yield of 0.9%.Heartland Express has a dividend payout ratio of 22.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Heartland Express to earn $0.77 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 10.4%. Get Heartland Express alerts:Heartland Express Stock Up 2.7%Shares of NASDAQ HTLD opened at $8.70 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.23. The company has a 50-day moving average of $8.44 and a 200 day moving average of $8.73. Heartland Express has a 12-month low of $7.11 and a 12-month high of $12.85. The stock has a market cap of $673.06 million, a PE ratio of -18.85 and a beta of 1.09. Heartland Express (NASDAQ:HTLD - Get Free Report) last posted its earnings results on Thursday, July 24th. The transportation company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.06). Heartland Express had a negative net margin of 3.85% and a negative return on equity of 4.42%. The company had revenue of $210.39 million during the quarter, compared to analyst estimates of $229.12 million. During the same quarter last year, the business posted ($0.04) EPS. The firm's revenue for the quarter was down 23.4% on a year-over-year basis. As a group, sell-side analysts predict that Heartland Express will post 0.17 EPS for the current fiscal year. About Heartland Express (Get Free Report)Heartland Express, Inc, together with its subsidiaries, operates as a short-to-medium, and long-haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services.Featured StoriesFive stocks we like better than Heartland ExpressHow Can Investors Benefit From After-Hours TradingNot Just NVDA: 3 Semiconductor Stocks Struggling This QuarterHow to start investing in penny stocks3 Mid-Cap Energy Firms Analysts See Moving Up to the Big LeaguesWhat Does a Gap Up Mean in Stocks? How to Play the GapConstellation Lowers Outlook: Time to Panic on Buffett's Big Bet?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Heartland Express Right Now?Before you consider Heartland Express, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Heartland Express wasn't on the list.While Heartland Express currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here