J.B. Hunt Boosting Dividend

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Dan De Los Monteros for TT

J.B. Hunt Transport Services said Thursday its board approved increasing its quarterly cash dividend by a penny, to 11 cents per share.

The truckload carrier said the increase will be payable to stockholders of record on Feb.12, and will be paid on Feb. 26.

J.B. Hunt is ranked No.8 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.