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MRTN - Marten Transport announces 50% increase in quarterly dividend to $0.04
Marten Transport Ltd.
Marten Transport (NASDAQ:MRTN) declares 50% increase in quarterly dividend to $0.04/share. (Due to three for two stock split basis, each shareholder will receive an extra share for every two shares held).
Payable Aug. 13; for shareholders of record July 30; ex-div July 29.
The company announced three-for-two stock split, payable on August 13 to stockholders of record as of July 30, thereby increasing the number of outstanding common shares from ~55.1M to ~82.7M shares.