J.B. Hunt Transport (JBHT) Announces CEO Will Transition to Chairman; Declares $0.12 Quarterly Dividend; 1.3% Yield

J.B. Hunt Transport Services, Inc. (Nasdaq: JBHT) announced that their President and CEO Kirk Thompson will step down at the end of 2010 to take over as Chairman in place of Wayne Garrison. John N. Roberts will take over as President and CEO. Roberts currently serves as President of Dedicated Contract Services (DCS). The Board of Directors announced today the declaration of the regular quarterly dividend on its common stock of $0.12 per common share, $0.48 annualized. The dividend is payable to stockholders of record on November 15, 2010. The dividend will be paid on December 2, 2010. The ex-dividend date is November 30, 2010. Yield on the dividend is 1.3%.... Read more

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