Market Overview

Knight-Swift Transportation Holdings Inc. Announces Quarterly Cash Dividend


Knight-Swift Transportation Holdings Inc. (NYSE:KNX) announced today
that its Board of Directors has declared the company's quarterly cash
dividend of $0.06 per share of common stock. This quarterly dividend is
pursuant to a cash dividend policy approved by the Board of Directors.
The actual declaration of future cash dividends, and the establishment
of record and payment dates, is subject to final determination by the
Board of Directors each quarter after its review of the company's
financial performance.

The company's dividend is payable to shareholders of record on September
3, 2018 and is expected to be paid on September 27, 2018.

Knight-Swift Transportation Holdings Inc. is a provider of multiple
truckload transportation and logistics services using a nationwide
network of business units and terminals in the United States and Mexico
to serve customers throughout North America. In addition to operating
North America's largest tractor fleet, Knight-Swift also contracts with
third-party equipment providers to provide a broad range of truckload
services to its customers while creating quality driving jobs for our
driving associates and successful business opportunities for independent

This press release contains certain statements that may be considered
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, and such statements are subject to the
safe harbor created by those sections and the Private Securities
Litigation Reform Act of 1995, as amended. All statements, other than
statements of historical or current fact, are statements that could be
deemed forward-looking statements, including, without limitation,
statements relating to our declaration of quarterly dividends.
Forward-looking statements are based the current beliefs, assumptions,
and expectations of management and current market conditions.
Forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted or quantified, which
could cause future events and actual results to differ materially from
those set forth in, contemplated by, or underlying the forward-looking
statements. There can be no assurance that future dividends will be
declared. The declaration of future dividends is subject to approval of
our Board of Directors and various risks and uncertainties, including,
but not limited to: our cash flow and cash needs; compliance with
applicable law; restriction on the payment of dividends under existing
or future financing arrangements; changes in tax laws relating to
corporate dividends; deterioration in our financial condition or
results, and those risks, uncertainties, and other factors identified
from time-to-time in our filings with the Securities and Exchange
Readers should review and consider the factors that
may affect future results and other disclosures in the Risk Factors
section of Knight-Swift Transportation Holdings Inc.'s Annual Reports on
Form 10-K for the year ended December 31, 2017, and various disclosures
in our Quarterly Reports on Form 10-Q, press releases, stockholder
reports, and other filings with the SEC. We expressly disclaim any
obligation or undertaking to release publicly any updates or revisions
to any forward-looking statements contained herein.

View Comments and Join the Discussion!