secwatch.observer — SEC 8-K summary
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Issuer:     MARTEN TRANSPORT LTD (MRTN)
CIK:        0000799167
Form:       8-K
Filed at:   2021-08-20T23:59:59+00:00
Accession:  0001437749-21-020598
Event type: dividend
Sentiment:  positive
Materiality: 0.78
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marten Transport declares $0.50 special and $0.04 quarterly dividends; credit covenant relaxed for $80M payouts
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- Special dividend $0.50 per share plus regular quarterly $0.04 per share, payable Oct 4, 2021, record Sep 20, 2021.
- Eleventh Amendment waives limits on dividends/stock redemptions through Dec 31, 2021, total allowed up to $80M.
- Third consecutive year with a special dividend; total dividends paid since Q3 2010 reach $189.7 million.
- Executive chairman states dividend yield increases to 4.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799167/000143774921020598/0001437749-21-020598-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799167/000143774921020598/mrtn20210819_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-020598

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