Published on 3 Mar 2024 on Simply Wall St. via Yahoo Finance
Knight-Swift Transportation Holdings Inc. (NYSE:KNX) is about to trade ex-dividend in the next three days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Meaning, you will need to purchase Knight-Swift Transportation Holdings' shares before the 7th of March to receive the dividend, which will be paid on the 25th of March.
The company's next dividend payment will be US$0.16 per share, on the back of last year when the company paid a total of US$0.64 to shareholders. Based on the last year's worth of payments, Knight-Swift Transportation Holdings has a trailing yield of 1.2% on the current stock price of US$55.20. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! We need to see whether the dividend is covered by earnings and if it's growing.
View our latest analysis for Knight-Swift Transportation Holdings