Landstar System Announces Quarterly Dividend
Landstar System (LSTR) has declared a quarterly dividend of $0.44 per share, with an annualized yield of approximately 1.89%. The payment is scheduled for September 9 to shareholders on record as of September 18, and the ex-dividend date will also be September 18. The announcement comes amid mixed financial results from Landstar's Q2 earnings report in July 2026. While revenue increased by $90 million above expectations due to a rise in trucking activity—specifically a 26% year-over-year increase in July truck revenue per load—the company reported non-GAAP EPS of $1.44, which fell short of estimates by $0.04. Despite the earnings miss, Landstar's asset-light and diversified business model continues to support its operations, though some analysts suggest it may be fully priced at this point.
Tickers: $LSTR
Topics: dividends earnings report revenue beat