Schneider National Raises Quarterly Dividend 5% and Approves $150M Buyback
Schneider National raised its quarterly dividend by 5% to $0.10 per share, payable April 8. The company authorized a new $150 million stock repurchase program over three years, replacing the prior plan under which it repurchased 4.4 million shares for $110.1 million.
1. Dividend Hike
Schneider National’s board approved a 5% increase in its quarterly cash dividend, raising it from $0.095 to $0.10 per share. This dividend will be paid on April 8, 2026 to shareholders of record at the close of business on March 13, 2026.
2. New Buyback Program
The company authorized a new stock repurchase program allowing up to $150 million of its common stock to be acquired over the next three years, superseding the previous plan. Under the prior authorization, Schneider National repurchased 4.4 million shares for a total of $110.1 million.