LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared the regular quarterly dividend on its common stock of $ 0.23 (twenty-three cents) per common share, which is an approximately 4.5% increase from the previous quarterly dividend of $ 0.22 (twenty-two cents) per share. The Board concluded that the earnings and cash flow growth generated in recent years warranted a higher dividend. The dividend is payable to stockholders of record on February 10, 2017. The dividend will be paid on February 24, 2017.
About J.B. Hunt
J.B. Hunt Transport focuses on providing safe and reliable transportation services to a diverse group of customers throughout the continental United States, Canada, and Mexico. Utilizing an integrated, multimodal approach, the company provides capacity-oriented solutions centered on delivering customer value and industry-leading service. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.