Landstar Cheers Investors With Special One-time Cash Dividend

In a shareholder-friendly move, Landstar System, Inc. (LSTR) announced a special one-time cash dividend of $2.00 per share. This special dividend will be paid on Jan. 21, 2025, to all its shareholders of record as of business on Jan. 7.Landstar president and chief executive officer, Frank Lonegro stated, “Landstar’s strong balance sheet and free cash flow generation enable us to continue to return value to our stockholders.”Landstar purchased 452,019 shares for approximately $82.1 million during the first 1 ...