NEW YORK ( TheStreet) -- The ex-dividend date for Heartland Express (Nasdaq: HTLD) is tomorrow, March 22, 2011. Owners of shares as of market close today will be eligible for a dividend of two cents per share. At a price of $16.66 as of 9:30 a.m. ET, the dividend yield is 0.5%.

The average volume for Heartland Express has been 510,100 shares per day over the past 30 days. Heartland Express has a market cap of $1.5 billion and is part of the services sector and transportation industry. Shares are up 3.6% year to date as of the close of trading on Friday.

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 23.9, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 15.8.

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TheStreet Ratings rates Heartland Express as buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Heartland Express Ratings Report.

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