Knight Transportation Announces Quarterly Cash Dividend
Knight Transportation, Inc. (NYSE: KNX) announced today that its Board of Directors has declared the company’s quarterly cash
dividend of $0.06 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 March 3, 2017 and is expected to be paid on March 27, 2017.
Knight Transportation, Inc. is a provider of multiple truckload transportation services using a nationwide network of service
centers in the U.S. to serve customers throughout North America. In addition to operating one of the country’s largest tractor
fleets, Knight also partners with third-party equipment providers to provide a broad range of truckload services to its customers
while creating quality driving jobs for our driving associates and successful business opportunities for independent
contractors.
This press release contains certain statements that may be considered forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating
to our declaration of quarterly dividends, and such statements are subject to the safe harbor created by those sections and the
Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact,
are statements that could be deemed forward-looking statements. Forward-looking statements are based on currently available
operating, financial, and competitive information. Forward-looking statements are inherently subject to risks and uncertainties,
some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those
set forth in, contemplated by, or underlying the forward-looking statements. There can be no assurance that future dividends will
be declared. The declaration of future dividends is subject to approval of our Board of Directors and various risks and
uncertainties, including, but not limited to: our cash flow and cash needs; compliance with applicable law; restriction on the
payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; the
deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time
in our filings with the Securities and Exchange Commission. Readers should review and consider the factors that may affect
future results and other disclosures by the Company in its press releases, stockholder reports, Annual Report on Form 10-K, and
other filings with the Securities and Exchange Commission. We expressly disclaim any obligation or undertaking to release publicly
any updates or revisions to any forward-looking statements contained herein.
Knight Transportation, Inc.
David Jackson, President and CEO
or
Adam Miller, CFO
602-269-2000
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