Schneider National, Inc. (NYSE:SNDR – Get Free Report) announced a quarterly dividend on Monday, July 27th. Investors of record on Friday, September 11th will be paid a dividend of 0.10 per share on Friday, October 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, September 11th.
Schneider National has decreased its dividend payment by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 2 years. Schneider National has a payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Schneider National to earn $1.67 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 24.0%.
Schneider National Price Performance
Shares of SNDR stock opened at $34.66 on Wednesday. Schneider National has a 1-year low of $20.11 and a 1-year high of $39.27. The stock’s 50-day moving average is $35.86 and its 200 day moving average is $32.43. The company has a market cap of $6.08 billion, a P/E ratio of 54.16, a PEG ratio of 0.79 and a beta of 1.17. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.03 and a quick ratio of 1.94.
About Schneider National
Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.
Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.
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