LSTR raises quarterly dividend 10% to $0.44 per share

Landstar System, Inc. (LSTR) has announced a quarterly dividend increase of 10.0%, raising the payout to $0.4400 per share. The new dividend is payable to shareholders of record as of the ex-dividend date, which is set for August 18, 2026.

The numbers

The new payment of $0.4400 per share compares to the previous quarterly dividend of $0.4000. This marks the company's sixth consecutive year of dividend increases, with a five-year compound annual growth rate (CAGR) of 5.0%. Over the past year, LSTR has paid quarterly dividends of $0.40 per share, along with a special dividend of $2.00 in January 2026. The trailing twelve-month (TTM) dividend per share stands at $3.6400, giving a TTM yield of 1.96% based on the current stock price of $186.16. For a detailed look at LSTR's dividend history, visit our dedicated page.

What it means for income investors

With the new quarterly rate, an investor holding 100 shares of LSTR would receive $44.00 per quarter, or $176.00 annually, up from $160.00 previously. This increase reflects the company's ongoing commitment to returning value to shareholders. The ex-dividend date of August 18, 2026, is important for investors to note, as it determines eligibility for the upcoming payment.

Reporting based on: DividendSmart market data. Figures verified against market data where available.