Heartland Express Stock To Go Ex-dividend Tomorrow (HTLD)

NEW YORK (TheStreet) -- The ex-dividend date for Heartland Express (Nasdaq:HTLD) is tomorrow, December 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $13.97 as of 9:30 a.m. ET, the dividend yield is 0.6%.

The average volume for Heartland Express has been 865,800 shares per day over the past 30 days. Heartland Express has a market cap of $1.18 billion and is part of the services sector and transportation industry. Shares are down 13.2% year to date as of the close of trading on Monday.

Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium-haul truckload carrier of general commodities in the United States. The company has a P/E ratio of 18.1, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Heartland Express as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and poor profit margins. You can view the full Heartland Express Ratings Report.

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