Marten Transport (MRTN) will pay a special dividend of $0.50 per share in 2020. Earlier this year the company already raised its quarterly dividend by 33.3 percent to $0.04 per share. This follows a 20.0 percent dividend hike last year. The company also paid a special dividend of 65 cents in 2019.

The next dividend for a total of 54 cents (special and regular quarterly dividend) will be payable on December 28, 2020 to stockholders of record at the close of business on December 14, 2020. The regular annual dividend of 16 cents per share yields 0.8% at a stock price of $18.34.

Marten Transport, with headquarters in Mondovi, Wis., is a temperature-sensitive truckload carrier in the United States. The company is specialized in transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. Marten offers service in the United States, Canada and Mexico, concentrating on expedited movements for high-volume customers. The company has paid a dividend every year since 2010.