Knight-Swift Transportation Holdings Inc. (NYSE:KNX) to Issue Dividend Increase – $0.20 Per Share

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) announced a quarterly dividend on Thursday, February 12th. Shareholders of record on Friday, March 6th will be given a dividend of 0.20 per share by the transportation company on Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, March 6th. This is a 11.1% increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18.

Knight-Swift Transportation has increased its dividend by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 6 years. Knight-Swift Transportation has a payout ratio of 28.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Knight-Swift Transportation to earn $3.50 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 20.6%.

Knight-Swift Transportation Trading Down 0.7%

Shares of KNX stock traded down $0.42 during trading hours on Thursday, hitting $59.84. 5,868,995 shares of the company’s stock traded hands, compared to its average volume of 3,613,503. The stock has a market cap of $9.71 billion, a PE ratio of 145.95, a price-to-earnings-growth ratio of 0.89 and a beta of 1.15. The stock’s 50 day simple moving average is $55.37 and its 200 day simple moving average is $47.61. The company has a quick ratio of 1.33, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation has a 12 month low of $36.69 and a 12 month high of $62.20.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings data on Wednesday, January 21st. The transportation company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.05). The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The business’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, sell-side analysts anticipate that Knight-Swift Transportation will post 2.13 EPS for the current year.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.