J.B. Hunt Transport Services (JBHT) will increase the quarterly dividend by 5.0 percent to $0.21 per share in 2015. This follows a five cent per share dividend hike by the freight trucking company in the previous year.
J.B. Hunt Transport Services, Inc. provides supply chain solutions for customers throughout the continental United States, Canada, and Mexico. The company's service offerings include transportation of full truckload containerizable freight, which is directly transported utilizing J.B. Hunt's company-controlled revenue equipment and company drivers or independent contractors. The company also has arrangements with most of the major North American rail carriers to transport truckload freight in containers and trailers. J.B. Hunt was incorporated in Arkansas on August 10, 1961, and has been a publicly held company since its initial public offering in 1983.