Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage. Historically, around half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.
The latest dividend from LSTR was $0.44 per share (ex-dividend 8/18/2026). The dividend yield over the last 12 months is 0%. Over the last 12 months there were 5 distributions, totalling $3.64 per share.