Marten Transport, Ltd.

Marten Transport, Ltd.

MRTNยทNASDAQ

$17.52

+0.11%
IndustrialsTrucking

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2021, the company operated a fleet of 3,204 tractors, including 3,111 company-owned tractors and 93 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

At a Glance

Live Snapshot
Market Cap$1.43B
EPS0.2100
P/E Ratio83.43
Earnings Date07/22/2026
0.46%
Dividend Yield
-13%
3Y+60.0%
5Y+94.0%
10Y+262.0%
353.89%
Dividend Payout Ratio
167%
3Y+1534.0%
5Y+1825.0%
10Y+3623.0%
3Y+1.0%
5Y-89.0%
10Y+503.0%
Marten Transport, Ltd.

Marten Transport, Ltd. Dividend History

MRTN ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

MRTN Dividend Payment History

MRTN ยท NASDAQ

Total Payments

50

Latest Dividend

$0.0600

Annual Amount

$0.2400

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 5, 2026
Jun 16, 2026Jun 30, 2026
$0.0600
$0.0600
Quarterly0.00%
Feb 20, 2026
Mar 17, 2026Mar 31, 2026
$0.0600
$0.0600
Quarterly0.00%
Nov 24, 2025
Dec 15, 2025Dec 29, 2025
$0.0600
$0.0600
Quarterly0.00%
Aug 12, 2025
Sep 16, 2025Sep 30, 2025
$0.0600
$0.0600
Quarterly0.00%
May 6, 2025
Jun 13, 2025Jun 27, 2025
$0.0600
$0.0600
Quarterly0.00%
Feb 21, 2025
Mar 14, 2025Mar 28, 2025
$0.0600
$0.0600
Quarterly0.00%
Nov 27, 2024
Dec 13, 2024Dec 27, 2024
$0.0600
$0.0600
Quarterly0.00%
Aug 14, 2024
Sep 16, 2024Sep 30, 2024
$0.0600
$0.0600
Quarterly0.00%
May 7, 2024
Jun 14, 2024Jun 28, 2024
$0.0600
$0.0600
Quarterly0.00%
Feb 20, 2024
Mar 15, 2024Mar 29, 2024
$0.0600
$0.0600
Quarterly0.00%
Nov 30, 2023
Dec 15, 2023Dec 29, 2023
$0.0600
$0.0600
Quarterly0.00%
Aug 15, 2023
Sep 15, 2023Sep 29, 2023
$0.0600
$0.0600
Quarterly0.00%
May 2, 2023
Jun 16, 2023Jun 30, 2023
$0.0600
$0.0600
Quarterly0.00%
Feb 20, 2023
Mar 17, 2023Mar 31, 2023
$0.0600
$0.0600
Quarterly0.00%
Nov 30, 2022
Dec 13, 2022Dec 27, 2022
$0.0600
$0.0600
Quarterly0.00%
Aug 16, 2022
Sep 16, 2022Sep 30, 2022
$0.0600
$0.0600
Quarterly0.00%
May 4, 2022
Jun 16, 2022Jun 30, 2022
$0.0600
$0.0600
Quarterly0.00%
Mar 1, 2022
Mar 17, 2022Mar 31, 2022
$0.0600
$0.0600
Quarterly+50.00%
Nov 30, 2021
Dec 13, 2021Dec 27, 2021
$0.0400
$0.0400
Quarterly-92.59%
Aug 17, 2021
Sep 20, 2021Oct 4, 2021
$0.5400
$0.5400
Quarterly+1250.00%
May 4, 2021
Jun 16, 2021Jun 30, 2021
$0.0400
$0.0400
Quarterly0.00%
Mar 2, 2021
Mar 17, 2021Mar 31, 2021
$0.0400
$0.0400
Quarterly-92.59%
Nov 18, 2020
Dec 14, 2020Dec 28, 2020
$0.5400
$0.5400
Quarterly+1250.00%
Jul 16, 2020
Sep 16, 2020Sep 30, 2020
$0.0400
$0.0400
Quarterly+48.15%
May 5, 2020
Jun 16, 2020Jun 30, 2020
$0.0400
$0.0270
Quarterly0.00%
Mar 3, 2020
Mar 17, 2020Mar 31, 2020
$0.0400
$0.0270
Quarterly+35.00%
Nov 29, 2019
Dec 13, 2019Dec 27, 2019
$0.0300
$0.0200
Quarterly-95.58%
Aug 13, 2019
Aug 26, 2019Sep 30, 2019
$0.6500
$0.4530
Quarterly+2165.00%
May 7, 2019
Jun 14, 2019Jun 28, 2019
$0.0300
$0.0200
Quarterly0.00%
Feb 26, 2019
Mar 15, 2019Mar 29, 2019
$0.0300
$0.0200
Quarterly+17.65%
Dec 6, 2018
Dec 18, 2018Dec 28, 2018
$0.0250
$0.0170
Quarterly0.00%
Aug 14, 2018
Sep 14, 2018Sep 28, 2018
$0.0250
$0.0170
Quarterly0.00%
May 8, 2018
Jun 15, 2018Jun 29, 2018
$0.0250
$0.0170
Quarterly0.00%
Mar 7, 2018
Mar 19, 2018Mar 30, 2018
$0.0250
$0.0170
Quarterly0.00%
Dec 12, 2017
Dec 22, 2017Dec 29, 2017
$0.0250
$0.0170
Quarterly0.00%
Aug 15, 2017
Sep 15, 2017Sep 29, 2017
$0.0250
$0.0170
Quarterly+70.00%
May 10, 2017
Jun 16, 2017Jun 30, 2017
$0.0250
$0.0100
Quarterly0.00%
Mar 15, 2017
Mar 24, 2017Mar 31, 2017
$0.0250
$0.0100
Quarterly0.00%
Dec 8, 2016
Dec 14, 2016Dec 28, 2016
$0.0250
$0.0100
Quarterly0.00%
Aug 17, 2016
Sep 13, 2016Sep 27, 2016
$0.0250
$0.0100
Quarterly0.00%
May 11, 2016
Jun 14, 2016Jun 28, 2016
$0.0250
$0.0100
Quarterly0.00%
Mar 2, 2016
Mar 15, 2016Mar 29, 2016
$0.0250
$0.0100
Quarterly0.00%
Dec 2, 2015
Dec 15, 2015Dec 29, 2015
$0.0250
$0.0100
Quarterly0.00%
Aug 12, 2015
Sep 16, 2015Sep 30, 2015
$0.0250
$0.0100
Quarterly0.00%
May 13, 2015
Jun 16, 2015Jun 30, 2015
$0.0250
$0.0100
Quarterly0.00%
Mar 4, 2015
Mar 17, 2015Mar 31, 2015
$0.0250
$0.0100
Quarterly0.00%
Dec 3, 2014
Dec 16, 2014Dec 30, 2014
$0.0250
$0.0100
Quarterly0.00%
Aug 13, 2014
Sep 16, 2014Sep 30, 2014
$0.0250
$0.0100
Quarterly0.00%
May 7, 2014
Jun 16, 2014Jun 30, 2014
$0.0250
$0.0100
Quarterly0.00%
Mar 10, 2014
Mar 21, 2014Apr 4, 2014
$0.0250
$0.0100
Quarterly-
mrtn

Marten Transport, Ltd. Payout Ratio Analysis

MRTN ยท NASDAQ
Dividends Paid
-14.67M
2025
Net Income
17.44M
2025
Payout Ratio
84.10%
2025

Dividend Sustainability Analysis

Payout Ratio
84.10%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-28.7%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
+24.9%

Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.

Sustainability
Excellent

Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.

Key Insight

Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.