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Marten Transport, Ltd. (MRTN) logo

Marten Transport, Ltd.

S&P 500

MRTN/Industrials · Trucking/NASDAQ

Dividend Yield

1.42%

$0.24 · Annual Dividend

Stock Price$17.31P/E94.0MCap1.4BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

61/ 100Safe

MRTN's dividend appears safe and well-supported. Strengths include a 41.3% fcf payout ratio & 17.5% cfo payout ratio. Areas of concern: 133.3% earnings payout ratio & 1.9% return on equity.

Based on 13 of 15 metrics

Strengths

  • CFO Payout Ratio: 17.5%Operating cash flow strongly supports the payout.
  • Current Ratio: 2.1xStrong short-term liquidity to meet obligations.
  • Debt-to-Equity: 0.1Conservative debt level relative to equity.

Risks

  • Earnings Payout Ratio: 133.3%High earnings payout ratio leaves little safety margin.
  • Return on Equity: 1.9%Return on equity is below industry norms.
  • Operating Margin: 0.1%Operating margin is thin and pressures the dividend.

Payout & Coverage

Caution

Balance Sheet

Very Safe

Profitability

Warning
11.7%Warning

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe

About Marten Transport, Ltd.

Marten Transport, Ltd. is a leading provider of time-sensitive transportation services, particularly specializing in refrigerated truckload shipping within North America. Founded in 1946 and based in Mondovi, Wisconsin, the company plays a critical role in logistics, ensuring that perishable goods such as food, pharmaceuticals, and other temperature-sensitive items are delivered efficiently and reliably. Marten Transport utilizes a robust fleet of refrigerated trucks and advanced logistics solutions to manage its diverse freight network, which spans across the United States, Canada, and Mexico. The company's operations are integral to sectors that demand high levels of service reliability and precise temperature controls, making it indispensable to the supply chains of major grocery, retail, and healthcare providers. By emphasizing technology-enhanced logistics and sustainable practices, Marten Transport, Ltd. contributes significantly to the industry's evolution towards more eco-friendly and efficient transport solutions. Its focus on market-leading customer service and innovation underscores its strategic importance in the transportation industry, marking it as a pivotal player in the facilitation of domestic and cross-border trade.

Dividend Overview

Dividend Yield

1.42%

Annual Dividend

$0.24

Frequency

Quarterly

Payout Ratio

133.33%

FCF Payout Ratio

41.35%

52-Week Range

$9.35 - $18.48

Dividend History (2016–2025)

MRTN annual dividend per share and yield history

Earnings & Profitability

MRTN earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 16, 2026

Next Payment Date

June 30, 2026

Dividend Growth

3-Year Dividend CAGR

0.00%

5-Year Dividend CAGR

-17.64%

10-Year Dividend CAGR

19.62%

3-Year Total Growth

0.00%

5-Year Total Growth

-62.10%

10-Year Total Growth

500.00%

Income Calculator

MRTN Dividend Calculator

Total Investment

$1,731.00

Annual Income

$24.00

Quarterly Income

$6.00

Monthly Income

$2.00

Frequently Asked Questions

What is MRTN's current dividend yield?
Marten Transport, Ltd. (MRTN) currently has a dividend yield of 1.42%, based on a stock price of $17.31 and an annual dividend of $0.24.
When is MRTN's next dividend payment date?
MRTN's next ex-dividend date is 2026-06-16 and the next payment date is 2026-06-30. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MRTN pay in dividends per year?
Marten Transport, Ltd. paid $0.24 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MRTN been increasing its dividend?
Marten Transport, Ltd. has grown its dividend at a 5-year CAGR of -17.64% and a 10-year CAGR of 19.62%.
Is MRTN's dividend safe?
Marten Transport, Ltd. has a payout ratio of 133.33%. Its free cash flow payout ratio is 41.35%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is MRTN's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Marten Transport, Ltd.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.