by Marty Cook
Posted 4/24/2014 02:34 pm
Updated 3 months ago
The board of directors of J.B. Hunt Transport Services Inc. of Lowell approved a regular quarterly cash dividend of 20 cents per share of its common stock.
The dividend is payable May 23 to shareholders of record as of May 9.
J.B. Hunt (Nasdaq: JBHT) held its annual shareholders meeting Thursday at its corporate office in Lowell. At the meeting, shareholders reelected the board of directors, ratified Ernst & Young LLP as the company’s accounting firm in 2014 and approved an advisory vote on executive compensation.
President and CEO John Roberts also showed a video presentation of a mobile app the company plans to release in May. The app is called 360° and will allow customers to schedule, track and generate reports of shipments.
Company representatives said the app was tested in the previous months and earned rave reviews from customers.