Schneider National Raises Dividend, Launches $150 Stock Buyback Program

Dow Jones

01/28

By Elias Schisgall

Schneider National is raising its quarterly dividend and launching a new, three-year share-repurchase program for up to $150 million.

The logistics company said Wednesday that the new dividend of 10 cents a share, up 5% from a previous payout of 9.5 cents a share, is expected to be paid on April 8 to shareholders of record as of March 13.

The new payout, equal to 40 cents a year, represents a 1.4% annual yield based on the company's Tuesday closing price of $29.55.

Shneider also said the new repurchase program supersedes the previous, $150 million stock buyback authorization, and will be used to offset the dilutive effects of equity grants to employees.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

January 28, 2026 09:13 ET (14:13 GMT)

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