Knight Transportation, Inc. announced that its Board of Directors has declared the company’s quarterly cash dividend of $0.03 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 December 7, 2007 and is expected to be paid on December 28, 2007.
Knight Transportation Inc. is a truckload carrier offering dry van, refrigerated, and brokerage services to customers through a network of service centers located throughout the United States. Knight strives to offer customers and drivers personal service and attention through each service center, while offering integrated freight transportation nationwide and beyond through the scale of one of North America's largest trucking companies. The principal types of freight it transports include consumer staples, retail, paper products, packaging/plastics, manufacturing, and import/export commodities.