Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company operates through two segments: Transportation Logistics, and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, such as third party logistics, small package and less-than-truckload service providers. It provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment reinsures certain risks of the company's independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.
Landstar System Dividend Announcement
• Landstar System announced a quarterly dividend of $0.36 per ordinary share which will be made payable on 2024-12-10. Ex dividend date: 2024-11-19
• Landstar System annual dividend for 2024 was $3.38
• Landstar System annual dividend for 2023 was $3.26
• Landstar System's trailing twelve-month (TTM) dividend yield is 1.83%
• Landstar System's payout ratio for the trailing twelve months (TTM) is 57.57%
• Landstar System's dividend growth over the last five years (2018-2023) was 8.88% year
• Landstar System's dividend growth over the last ten years (2013-2023) was 25.00% year
Landstar System Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-19 | $0.36 | quarterly | 2024-12-10 |
| 2024-08-20 | $0.36 | quarterly | 2024-09-10 |
| 2024-05-07 | $0.33 | quarterly | 2024-05-24 |
| 2024-02-09 | $0.33 | quarterly | 2024-03-08 |
| 2024-01-02 | $2.00 | quarterly | 2024-01-19 |
| 2023-11-06 | $0.33 | quarterly | 2023-12-01 |
| 2023-08-09 | $0.33 | quarterly | 2023-08-25 |
| 2023-05-03 | $0.30 | quarterly | 2023-05-26 |
| 2023-02-10 | $0.30 | quarterly | 2023-03-10 |
| 2023-01-05 | $2.00 | quarterly | 2023-01-20 |
| 2022-11-07 | $0.30 | quarterly | 2022-12-02 |
| 2022-08-05 | $0.30 | quarterly | 2022-08-26 |
| 2022-05-04 | $0.25 | quarterly | 2022-05-27 |
| 2022-02-11 | $0.25 | quarterly | 2022-03-11 |
| 2022-01-06 | $2.00 | quarterly | 2022-01-21 |
| 2021-11-08 | $0.25 | quarterly | 2021-12-03 |
| 2021-08-06 | $0.25 | quarterly | 2021-08-27 |
| 2021-05-05 | $0.21 | quarterly | 2021-05-28 |
| 2021-02-11 | $0.21 | quarterly | 2021-03-12 |
| 2021-01-07 | $2.00 | quarterly | 2021-01-22 |
| 2020-11-09 | $0.21 | quarterly | 2020-12-04 |
| 2020-08-07 | $0.21 | quarterly | 2020-08-28 |
| 2020-05-06 | $0.18 | quarterly | 2020-05-29 |
| 2020-02-13 | $0.18 | quarterly | 2020-03-13 |
| 2020-01-09 | $2.00 | quarterly | 2020-01-24 |
| 2019-11-08 | $0.18 | quarterly | 2019-12-06 |
| 2019-08-09 | $0.18 | quarterly | 2019-08-30 |
| 2019-05-08 | $0.17 | quarterly | 2019-05-31 |
| 2019-02-14 | $0.17 | quarterly | 2019-03-15 |
| 2018-11-09 | $0.17 | quarterly | 2018-12-07 |
| 2018-08-10 | $0.17 | quarterly | 2018-08-31 |
| 2018-05-09 | $0.15 | quarterly | 2018-06-01 |
| 2018-02-15 | $0.15 | quarterly | 2018-03-16 |
| 2018-01-11 | $1.50 | quarterly | 2018-01-26 |
| 2017-11-13 | $0.10 | quarterly | 2017-12-08 |
| 2017-08-10 | $0.10 | quarterly | 2017-09-01 |
| 2017-05-09 | $0.09 | quarterly | 2017-06-02 |
| 2017-02-15 | $0.09 | quarterly | 2017-03-17 |
| 2016-11-04 | $0.09 | quarterly | 2016-12-02 |
| 2016-08-04 | $0.09 | quarterly | 2016-08-26 |
| 2016-05-03 | $0.08 | quarterly | 2016-05-27 |
| 2016-02-10 | $0.08 | quarterly | 2016-03-11 |
| 2015-11-06 | $0.08 | quarterly | 2015-12-04 |
| 2015-08-06 | $0.08 | quarterly | 2015-08-28 |
| 2015-05-05 | $0.07 | quarterly | 2015-05-29 |
| 2015-02-11 | $0.07 | quarterly | 2015-03-13 |
| 2015-01-08 | $1.00 | quarterly | 2015-01-26 |
| 2014-11-06 | $0.07 | quarterly | 2014-12-05 |
| 2014-08-07 | $0.07 | quarterly | 2014-08-29 |
| 2014-05-06 | $0.06 | quarterly | 2014-05-30 |
| 2014-02-13 | $0.06 | quarterly | 2014-03-14 |
| 2013-12-24 | $0.35 | quarterly | 2014-01-16 |
Landstar System Dividend per year
Landstar System Dividend growth
Landstar System Dividend Yield
Landstar System current trailing twelve-month (TTM) dividend yield is 1.83%. Interested in purchasing Landstar System stock? Use our calculator to estimate your expected dividend yield:
Landstar System Financial Ratios
P/E ratio31.57
PEG ratio16.89
P/B ratio6.46
ROE20.68%
Payout ratio57.57%
Current ratio2.21
Quick ratio2.21
Cash Ratio0.79
Landstar System Dividend FAQ
How much is the next Landstar System dividend?
Landstar System's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Landstar System dividend. The next Landstar System dividend will be released in January, February, May, August, or November.
When is Landstar System dividend paid?
Landstar System pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Landstar System pay?
The specific amount of Landstar System dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Landstar System's dividend history.
Does Landstar System stock pay dividends?
Yes, Landstar System does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Landstar System's dividend history.
How much dividend does Landstar System pay?
Landstar System paid $3.38 in 2024, $3.26 in 2023, $3.1 in 2022, $2.92 in 2021, and $2.79 in 2020.
How often does Landstar System pay dividends?
Landstar System typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, February, May, August, and November.
What is Landstar System's dividend yield?
The current dividend yield for Landstar System is 1.83%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Landstar System's exact dividend yield.
When does Landstar System go ex dividend?
Landstar System's ex-dividend date for the latest dividend was on 2024-11-19. Landstar System typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Landstar System dividend paid?
Landstar System pays dividends on a quarterly basis, typically around January, February, May, August, or November, but the exact dates can vary each year.
Will Landstar System increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Landstar System will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Landstar System dividend per share?
Landstar System paid $3.38 per share in 2024 and $3.26 per share in 2023. The amount of dividend per share that Landstar System pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Landstar System a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Landstar System a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Landstar System a dividend stock?
Yes, Landstar System is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Landstar System a good dividend stock?
Whether Landstar System is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Landstar System has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Landstar System as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Landstar System as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Landstar System pay dividends monthly?
Landstar System typically pays dividends on a quarterly basis.
Does Landstar System pay dividends quarterly?
Landstar System currently pays dividends on a quarterly basis.
Has Landstar System ever paid a dividend?
Yes, Landstar System has a history of paying dividends to its shareholders. Landstar System is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Landstar System dividend stocks?
To buy Landstar System you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Landstar System stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Landstar System stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Landstar System pay dividends 2024?
Landstar System pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Landstar System increase its dividend in 2024?
Decisions regarding Landstar System dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Landstar System dividend overview you can look into the above table of dividend history.
How Landstar System dividend works?
The Landstar System dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Landstar System's dividend process works:
1. Determination of Dividend: Landstar System's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Landstar System publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Landstar System distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Landstar System are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Landstar System's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Landstar System publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Landstar System distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Landstar System are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Landstar System dividends paid?
Landstar System dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Landstar System sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Landstar System distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Landstar System declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Landstar System sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Landstar System distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Landstar System declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Landstar System pay dividends?
Landstar System typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Landstar System pay dividends?
The general pattern is that Landstar System pays dividends around January, February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Landstar System dividend safe?
The safety of Landstar System's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Landstar System's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Landstar System's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Landstar System's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Landstar System's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.