Knight-Swift lifts quarterly dividend 9% to $0.24, annualized $0.96
Knight-Swift Transportation’s board declared a $0.24 quarterly cash dividend, up 9% from $0.22, payable March 24 to shareholders of record on March 10. The increase brings the annualized payout to $0.96 per share and marks the sixth consecutive quarterly raise.
1. Dividend Increase Details
Knight-Swift Transportation Holdings’ board approved a quarterly cash dividend of $0.24 per share, representing a 9% rise from the prior $0.22. The dividend is payable March 24 to shareholders of record on March 10, setting an annualized rate of $0.96 per share.
2. Consecutive Raises and Capital Return Strategy
This marks the sixth straight quarterly dividend increase, underscoring management’s commitment to returning capital to shareholders and confidence in sustained cash generation within its core trucking operations.
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