J.B. Hunt increases, accelerates quarterly dividend J.B. Hunt Transport Services announced that its Board of Directors approved an increase and a pull forward of its regular quarterly dividend typically paid in February of each calendar year. The Board declared stockholders of record on December 17 will be entitled to 15c per common share. The dividend will be paid on December 28. The Board does not expect to declare or pay a quarterly dividend in 1Q13 and will resume its normal policy of quarterly dividend analysis at its regularly scheduled Board of Directors meeting on April 25, 2013.
News For JBHT From The Last 14 Days
Check below for free stories on JBHT the last two weeks.
J.B. Hunt upgraded to Outperform from Neutral at Credit Suisse Credit Suisse upgraded J.B. Hunt to Outperform based on valuation and earning momentum. The firm believes J.B. Hunt is well positioned to capitalize on the trend to intermodal from truck given its strong market position and relationships with railroads. Price target raised to $86 from $78.