According to DividendChannel.com, on 8/24/11, Marten Transport, Ltd. (NASD: MRTN) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 9/6/11. As a percentage of MRTN's recent stock price of $18.00, this dividend works out to approximately 0.11%.
Below is a dividend history chart for MRTN, showing historical dividends prior to the most recent $0.02 declared by Marten Transport, Ltd.:
| MRTN Dividend History | |
|---|---|
| Date | Div* |
| 02/24/11 | 0.020 |
| 11/24/10 | 0.020 |
| 08/26/10 | 0.020 |
| * Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company. | |
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MRTN is likely to continue, and whether the current estimated yield of 0.44% on annualized basis is a reasonable expectation of annual yield going forward.
MRTN operates in the Trucking sector, among companies like J.B. Hunt Transport Services, Inc. (NASD: JBHT) which is up about 1.9% today, and Ryder System, Inc. (NYSE: R) trading higher by about 0.8%. Below is a three month price history chart comparing the stock performance of MRTN, versus JBHT and R.
In Monday trading, Marten Transport, Ltd. shares are currently up about 0.2% on the day.
