Marten Transport, Ltd. (MRTN) Dividends
Dividend Yield and Dividend History Highlights
- MRTN's trailing 12 month dividends has averaged an annual growth rate of 47.53%.
- In terms of compounded growth rate of annual dividends, MRTN's growth rate has been 0.65% over the past 5.5 years.
- If you're seeking price stability while collecting dividends, note that MRTN has less volatility in its price than 97.56% of US stocks in our dividend set.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with MRTN that may be suitable potential portfolio mates: CRY, UNF, ODP, SKM and VLO.
MRTN Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $15.86 | $40.68 | 114.67% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for MRTN, the dividend discount model StockNews created for the company implies a positive return of 114.67%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Marten Transport Ltd are:
- In comparison to other US listed dividend yielding stocks in the Industrials sector, Marten Transport Ltd's expected return of 114.67% is higher than 87.83% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, MRTN has a discount rate lower than 87.83% of them (a lower discount rate is associated with lower risk).
- Beta, a measure of volatility relative to the stock market overall, is lower for MRTN than it is for 86.09% of other equities in the Industrials sector that also issue dividends.
- In terms of who is growing the amount of dividends they return to shareholders, MRTN boasts a higher growth rate in terms of its annual cash distributed to its owners than 98.36% of the dividend issuers in our set.
MRTN Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-16 | Dividend | $0.06 | -- |
| 2024-06-14 | Dividend | $0.06 | -- |
| 2024-03-14 | Dividend | $0.06 | -- |
| 2023-12-14 | Dividend | $0.06 | -- |
| 2023-09-14 | Dividend | $0.06 | -- |
| 2023-06-15 | Dividend | $0.06 | -- |
| 2023-03-16 | Dividend | $0.06 | -- |
| 2022-12-12 | Dividend | $0.06 | -- |
| 2022-09-15 | Dividend | $0.06 | -- |
| 2022-06-15 | Dividend | $0.06 | -- |
| 2022-03-16 | Dividend | $0.06 | +50.00% |
| 2021-12-10 | Dividend | $0.04 | -92.59% |
| 2021-09-17 | Dividend | $0.54 | +1,250.00% |
| 2021-06-15 | Dividend | $0.04 | -- |
| 2021-03-16 | Dividend | $0.04 | -92.59% |
| 2020-12-11 | Dividend | $0.54 | +1,250.00% |
| 2020-09-15 | Dividend | $0.04 | +200.00% |
| 2020-08-14 | Split | 3-2-for-1 Stock Split | N/A |
| 2020-06-15 | Dividend | $0.04 | -- |
| 2020-03-16 | Dividend | $0.04 | +33.33% |
| 2019-12-12 | Dividend | $0.03 | -95.59% |
| 2019-08-23 | Dividend | $0.68 | +2,166.67% |
| 2019-06-13 | Dividend | $0.03 | -- |
| 2019-03-14 | Dividend | $0.03 | +20.00% |
| 2018-12-17 | Dividend | $0.03 | -- |
| 2018-09-13 | Dividend | $0.03 | -- |
| 2018-06-14 | Dividend | $0.03 | -- |
| 2018-03-16 | Dividend | $0.03 | -- |
| 2017-12-21 | Dividend | $0.03 | -- |
| 2017-09-14 | Dividend | $0.03 | +650.00% |
| 2017-07-10 | Split | 5-3-for-1 Stock Split | N/A |
| 2017-06-14 | Dividend | $0.02 | -40.00% |
| 2017-03-22 | Dividend | $0.03 | -- |
| 2016-12-12 | Dividend | $0.03 | -- |
| 2016-09-09 | Dividend | $0.03 | -- |
| 2016-06-10 | Dividend | $0.03 | -- |
| 2016-03-11 | Dividend | $0.03 | -- |
| 2015-12-11 | Dividend | $0.03 | -- |
| 2015-09-14 | Dividend | $0.03 | -- |
| 2015-06-12 | Dividend | $0.03 | -- |
| 2015-03-13 | Dividend | $0.03 | -- |
| 2014-12-12 | Dividend | $0.03 | -- |
| 2014-09-12 | Dividend | $0.03 | -- |
| 2014-06-12 | Dividend | $0.03 | -- |
| 2014-03-19 | Dividend | $0.03 | -- |
| 2013-12-13 | Dividend | $0.03 | -- |
| 2013-08-23 | Dividend | $0.03 | +200.00% |
| 2013-06-17 | Split | 3-2-for-1 Stock Split | N/A |
| 2013-05-15 | Dividend | $0.03 | -- |
| 2013-03-13 | Dividend | $0.03 | -96.77% |
| 2012-12-07 | Dividend | $0.78 | +3,000.00% |
| 2012-08-22 | Dividend | $0.03 | -- |
| 2012-05-10 | Dividend | $0.03 | +25.00% |
| 2012-03-07 | Dividend | $0.02 | -- |
| 2011-12-07 | Dividend | $0.02 | -- |
| 2011-08-24 | Dividend | $0.02 | -- |
| 2011-05-12 | Dividend | $0.02 | -- |
| 2011-02-24 | Dividend | $0.02 | -- |
| 2010-11-24 | Dividend | $0.02 | -- |
| 2010-08-26 | Dividend | $0.02 | -- |
| 2005-12-27 | Split | ||
| 2003-12-08 | Split | ||
| 2003-07-25 | Split | ||
| 1998-01-06 | Split |
MRTN Dividends vs. Peers
MRTN's dividend yield currently ranks #20 of 28 vs. its peers in the Trucking Freight category.
Looking for More Information on MRTN dividends?
Here are a few links from around the web to help you further your research on Marten Transport Ltd and its dividends:Marten Transport Ltd Common Stock (MRTN) Dividend History | Nasdaq
Dividend History for Marten Transport Ltd (MRTN) - Dividend Investor
Marten Transport Ltd (MRTN) Dividend History - Seeking Alpha