Werner Enterprises, Inc. (NASDQ:WERN) has declared a quarterly dividend of $0.50 per common share. The dividend is payable to stockholders of record as of April 15, 2010. It will be paid on May 4, 2010. This is the 24th year in which the company has paid quarterly cash dividends of its common stock. The company first paid its quarterly cash dividend in July of 1987. For more information, visit www.werner.com.
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Werner Enterprises, Inc. is a transportation and logistics company engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce. It also provides logistics services through the value added services (VAS) division. The Company operates in two business segments: Truckload Transportation Services (Truckload) and VAS. At December 31, 2009, the Company had a fleet of 7250 trucks, of which 6575 were owned by the Company and 675 were owned and operated by independent owner-operator drivers. At December 31, 2009, the Company operated 23,880 trailers. It included 22,515 dry vans, 400 flatbeds, 956 temperature-controlled trailers and nine specialized trailers.
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