Werner Enterprises, Inc. (WERN) To Go Ex-Dividend on January 5th

Werner Enterprises, Inc. (NASDAQ:WERN) declared a quarterly dividend on Friday, November 14th. Investors of record on Monday, January 5th will be paid a dividend of 0.14 per share by the transportation company on Wednesday, January 21st. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, January 5th.

Werner Enterprises has decreased its dividend by an average of 0.4%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Werner Enterprises has a dividend payout ratio of 42.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Werner Enterprises to earn $2.22 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 25.2%.

Werner Enterprises Stock Up 2.0%

Shares of WERN stock opened at $30.61 on Friday. Werner Enterprises has a fifty-two week low of $23.02 and a fifty-two week high of $38.60. The firm has a market capitalization of $1.83 billion, a PE ratio of 74.66, a P/E/G ratio of 0.72 and a beta of 1.07. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.59 and a current ratio of 1.62. The stock’s 50-day simple moving average is $27.59 and its 200-day simple moving average is $27.80.

Werner Enterprises (NASDAQ:WERN) last released its earnings results on Thursday, October 30th. The transportation company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.18). The firm had revenue of $712.04 million for the quarter, compared to analyst estimates of $763.63 million. Werner Enterprises had a return on equity of 0.14% and a net margin of 0.85%.The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the firm earned $0.15 EPS. Equities analysts expect that Werner Enterprises will post 1.27 earnings per share for the current year.

About Werner Enterprises

Werner Enterprises, Inc, founded in 1956 by Clarence L. “Chris” Werner, is a leading transportation and logistics provider based in Omaha, Nebraska. The company began as a one‐truck operation and has since grown into one of North America’s largest carriers, offering an array of services to support diverse supply chains.

Werner’s core business activities include full truckload dry van services, dedicated contract carriage, intermodal transport and brokerage solutions. The company also provides value-added services such as warehousing, freight management and fleet maintenance through its network of terminals and service centers.