Schneider National, Inc. has announced a quarterly cash dividend of $0.095 per share on its class A and class B common stock. This dividend is payable to shareholders of record as of September 13, 2024, and is expected to be paid on October 8, 2024.
In the financial results for the last period, Schneider reported a revenue of $1.43 billion, marking a 22% increase from the previous period. The operating income stood at $68.1 million, showing a substantial rise of 53% from the last period. Additionally, the company reported a net income of $46.5 million, reflecting a striking increase of 83% from the previous period.
Moreover, the company's earnings per share (EPS) for the last period were $0.24, representing an impressive surge of 85% from the previous period. Schneider's operating ratio for the last period was 95.2%, indicating a significant improvement from the previous period.
Furthermore, the company's truckload volume in the last period was 2,356 loads, showing a 15% increase from the previous period. Schneider's intermodal volume for the last period was 1,180 loads, marking a 25% increase from the previous period.
In addition, Schneider's logistics volume for the last period was 3,058 loads, demonstrating a substantial increase of 30% from the previous period. The company's brokerage volume in the last period was 2,947 loads, showing a remarkable rise of 35% from the previous period.
These figures demonstrate Schneider's strong performance and growth across various key metrics since the last period. Following these announcements, the company's shares moved 2.5%, and are now trading at a price of $27.46. If you want to know more, read the company's complete 8-K report here.
