Landstar System Inc (LSTR)
Landstar System Inc (LSTR) is a transportation logistics company specializing in freight transportation services. It operates as a non-asset-based logistics provider, connecting customers with a nationwide network of independent agents and truck operators to facilitate the movement of freight across various modes, including truckload, less-than-truckload, and specialized cargo. Founded in 1968, Landstar offers tailored transportation solutions emphasizing safety, reliability, and efficiency.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 9, 2025 | $0.40 | 2025-08-19 | 2025-08-19 |
| June 24, 2025 | $0.40 | 2025-06-05 | 2025-06-05 |
| March 11, 2025 | $0.36 | 2025-02-18 | 2025-02-18 |
| January 21, 2025 | $2.00 | 2025-01-07 | 2025-01-07 |
| December 10, 2024 | $0.36 | 2024-11-19 | 2024-11-19 |
Dividends Summary
- Landstar System Inc has issued 87 dividend payments over the past 20 years
- The most recent dividend was paid 43 days ago, on September 9, 2025
- The highest dividend payed out to investors during this period was $2.00 per share
- The average dividend paid during this period was $0.30 per share.
Company News
The transportation and timber sectors face challenges from trade tariffs and housing market weakness, but two companies - Landstar Systems and West Fraser Timber - present potential investment opportunities due to unique market positioning and potential future growth.
Landstar System reported Q2 2025 earnings of $1.20 per share, slightly beating analyst expectations, but experiencing declines in gross profit, operating income, and net income due to ongoing freight market challenges and rising insurance costs.
Bragar Eagel & Squire, P.C. is investigating potential claims against Landstar System, EchoStar Corporation, Semler Scientific, and ADTRAN Holdings due to various accounting and compliance issues that have negatively impacted the companies and their investors.
Landstar System, Inc. (NASDAQ:LSTR) announced a special one-time cash dividend of $2.00 per share, payable on January 21, 2025. The company's strong balance sheet and free cash flow generation enable it to continue returning value to stockholders.
Landstar (LSTR) expects second-quarter 2024 truck loads to decline between 5% and 9% on a year-over-year basis and truck revenue per load to decrease in the range of 0-4% on a year-over-year basis.
