Heartland Express Stock To Go Ex-dividend Tomorrow (HTLD)
The ex-dividend date for Heartland Express (Nasdaq:HTLD) is tomorrow, March 21, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $14.87 as of 9:30 a.m., the dividend yield is 0.5%.
NEW YORK ( TheStreet) -- The ex-dividend date for Heartland Express (Nasdaq: HTLD) is tomorrow, March 21, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $14.87 as of 9:30 a.m. ET, the dividend yield is 0.5%. The average volume for Heartland Express has been 498,600 shares per day over the past 30 days. Heartland Express has a market cap of $1.27 billion and is part of the services sector and transportation industry. Shares are up 5.3% 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 19.2, below the average transportation industry P/E ratio of 19.5 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Heartland Express as a buy. 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, notable return on equity, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Heartland Express Ratings Report. See our dividend calendar or top-yielding stocks list.