Marten Transport's last quarterly dividend of $0.06 per share was on Sep 15, 2022 (ex-date). The annualized dividend payment of $0.22 per share represents a current dividend yield of 1.09%.
MRTN has a dividend yield of 1.09% which is above the industry average but below the Industrials sector average. In comparison with its Industrials sector average of 1.62%, Marten Transport's dividend yield is 33% lower. The current dividend yield is higher than the historical average of 0.7% of the last 5 years.
Marten Transport has a history of paying dividends since 2010. Our records of MRTN show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 38% for the last twelve months. And with the stock price up by 30% from a year ago, the dividend yield has increased by 5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 15, 2022 | Sep 30, 2022 | Aug 16, 2022 | $0.06 | normal |
| Jun 15, 2022 | Jun 30, 2022 | May 4, 2022 | $0.06 | normal |
| Mar 16, 2022 | Mar 31, 2022 | Mar 1, 2022 | $0.06 | normal |
| Dec 10, 2021 | Dec 27, 2021 | Nov 30, 2021 | $0.04 | normal |
| Sep 17, 2021 | Oct 4, 2021 | Aug 17, 2021 | $0.5 | special |
| Sep 17, 2021 | Oct 4, 2021 | Aug 17, 2021 | $0.04 | normal |
| Jun 15, 2021 | Jun 30, 2021 | May 4, 2021 | $0.04 | normal |
| Mar 16, 2021 | Mar 31, 2021 | Mar 2, 2021 | $0.04 | normal |
| Dec 11, 2020 | Dec 28, 2020 | Nov 18, 2020 | $0.5 | special |
| Dec 11, 2020 | Dec 28, 2020 | Nov 18, 2020 | $0.04 | normal |
| Sep 15, 2020 | Sep 30, 2020 | Jul 16, 2020 | $0.04 | normal |
| Jun 15, 2020 | Jun 30, 2020 | May 5, 2020 | $0.027 | normal |
| Mar 16, 2020 | Mar 31, 2020 | Mar 3, 2020 | $0.027 | normal |
| Dec 12, 2019 | Dec 27, 2019 | Nov 29, 2019 | $0.02 | normal |
| Aug 23, 2019 | Sep 30, 2019 | Aug 13, 2019 | $0.433 | special |
| Aug 23, 2019 | Sep 30, 2019 | Aug 13, 2019 | $0.02 | normal |
| Jun 13, 2019 | Jun 28, 2019 | May 7, 2019 | $0.02 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Feb 26, 2019 | $0.02 | normal |
| Dec 17, 2018 | Dec 28, 2018 | Dec 6, 2018 | $0.017 | normal |
| Sep 13, 2018 | Sep 28, 2018 | Aug 14, 2018 | $0.017 | normal |
| Jun 14, 2018 | Jun 29, 2018 | May 8, 2018 | $0.017 | normal |
| Mar 16, 2018 | Mar 30, 2018 | Mar 7, 2018 | $0.017 | normal |
| Dec 21, 2017 | Dec 29, 2017 | Dec 12, 2017 | $0.017 | normal |
| Sep 14, 2017 | Sep 29, 2017 | Aug 15, 2017 | $0.017 | normal |
| Jun 14, 2017 | Jun 30, 2017 | May 9, 2017 | $0.01 | normal |
| Mar 22, 2017 | Mar 31, 2017 | Mar 14, 2017 | $0.01 | normal |
| Dec 12, 2016 | Dec 28, 2016 | Dec 6, 2016 | $0.01 | normal |
| Sep 9, 2016 | Sep 27, 2016 | Aug 16, 2016 | $0.01 | normal |
| Jun 10, 2016 | Jun 28, 2016 | May 10, 2016 | $0.01 | normal |
MRTN has a payout ratio of 17.2% which is higher than the industry average but lower than the Industrials sector average. If we compare it with the Industrials sector average of 28.9%, Marten Transport's payout ratio is 40% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WERN Werner Enterprises Inc | 1.28% | $0.5 | 12.4% |
| MRTN Marten Transport Ltd | 1.09% | $0.22 | 17.2% |
| KNX Knight-Swift Transportation Holdings Inc | 0.93% | $0.46 | 8.6% |
| HTLD Heartland Express Inc | 0.55% | $0.08 | 4.6% |
Yes, Marten Transport has paid four dividends in the last twelve months. MRTN has been paying dividends since 2010.
MRTN hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in December 2022.
Marten Transport's last regular dividend was on Sep 15, 2022 (ex-date) with the amount of $0.06 per share.
MRTN has paid dividend of $0.22 per share in the last year.
Marten Transport's current dividend yield is 1.09%.
Marten Transport pays four dividends per year.
Marten Transport's dividend payout ratio is 17.2%.
Marten Transport's dividend yield is lower than the Industrials sector average.