Schneider National, Inc. (SNDR) To Go Ex-Dividend on March 13th

Schneider National, Inc. (NYSE:SNDR) announced a quarterly dividend on Monday, January 26th. Shareholders of record on Friday, March 13th will be given a dividend of 0.10 per share on Wednesday, April 8th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Friday, March 13th. This is a 5.3% increase from Schneider National’s previous quarterly dividend of $0.10.

Schneider National has decreased its dividend payment by an average of 0.3%annually over the last three years and has raised 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. Research analysts expect Schneider National to earn $1.82 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 22.0%.

Schneider National Price Performance

SNDR traded down $0.59 during trading on Wednesday, reaching $25.24. The company’s stock had a trading volume of 850,680 shares, compared to its average volume of 942,761. The company has a market cap of $4.43 billion, a price-to-earnings ratio of 42.78, a PEG ratio of 0.76 and a beta of 1.06. The firm has a fifty day simple moving average of $28.58 and a two-hundred day simple moving average of $25.34. Schneider National has a 1 year low of $20.11 and a 1 year high of $30.98. The company has a quick ratio of 1.95, a current ratio of 2.13 and a debt-to-equity ratio of 0.13.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08). Schneider National had a net margin of 1.83% and a return on equity of 3.66%. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter last year, the company earned $0.20 earnings per share. Schneider National’s revenue for the quarter was up 4.5% on a year-over-year basis. As a group, analysts anticipate that Schneider National will post 1.12 EPS for the current year.

Schneider National Company Profile

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.