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News  ›  Benzinga

Landstar System Announces Special Dividend

Benzinga Logo Benzinga By Globe Newswire
Landstar System Announces Special Dividend

Landstar System, Inc. declared a special one-time cash dividend of $2.00 per share, payable on January 21, 2026. The company has strong cash flow and continues to return value to stockholders through dividends and stock purchases.

Insights
LSTR   positive

The company demonstrated financial strength by declaring a special dividend, purchasing 1,281,863 shares of its stock, and maintaining approximately $434 million in cash and short-term investments. The CEO's statement highlights the company's ability to deliver value to stockholders.