OMAHA, Neb.--(Business Wire)--
Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation`s largest
transportation and logistics companies, announced today that its Board of
Directors declared a regular quarterly cash dividend of $.050 (5.0 cents) per
common share payable to stockholders of record at the close of business on
January 11, 2010. This dividend will be paid on January 26, 2010.
Werner Enterprises is currently in its twenty-third year of paying quarterly
cash dividends on its common stock to its stockholders. The first quarterly cash
dividend was paid by Werner Enterprises in July 1987.
Werner also announced that its Board of Directors declared a special cash
dividend of $1.25 per common share payable to stockholders of record at the
close of business on November 23, 2009. This dividend will be paid on December
8, 2009. As a result of the special dividend, a total of approximately $90
million will be paid on Werner`s 72 million common shares outstanding. Werner
also paid a special cash dividend of $2.10 per common share in December 2008.
Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and
logistics company, with coverage throughout North America, Asia, Europe, South
America, Africa and Australia. Werner maintains its global headquarters in
Omaha, Nebraska and maintains offices in the United States, Canada, Mexico,
China and Australia. Werner is among the five largest truckload carriers in the
United States, with a diversified portfolio of transportation services that
includes dedicated, medium-to-long-haul, regional and local van capacity,
expedited, temperature-controlled and flatbed services. Werner's Value Added
Services portfolio includes freight management, truck brokerage, intermodal,
load/mode and network optimization and freight forwarding. Werner, through its
subsidiary companies, is a licensed U.S. NVOCC, U.S. Customs Broker, licensed
Freight Forwarder in China, licensed China NVOCC, TSA-approved Indirect Air
Carrier and IATA Accredited Cargo Agent.
Werner Enterprises, Inc.`s common stock trades on the NASDAQ Global Select
MarketSM under the symbol "WERN". For further information about Werner, visit
the company`s website at www.werner.com.
Werner Enterprises, Inc.
John J. Steele, 402-894-3036
Executive Vice President, Treasurer and
Chief Financial Officer
or
Robert E. Synowicki, Jr., 402-894-3350
Executive Vice President and
Chief Information Officer
Copyright Business Wire 2009
