J.B. Hunt Declares Dividend, Elects Directors

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.