Marten Transport, Ltd. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock, and has also approved an increase from current availability in Marten's share repurchase program to $50 million, or approximately 3.1 million shares, of its common stock. The dividend will be payable on June 30, 2022 to stockholders of record at the close of business on June 16, 2022. This is Marten's 48th consecutive quarterly cash dividend.

With the payment of this dividend, Marten will have paid a total of $202.9 million in cash dividends, including special dividends totaling $134.9 million in 2021, 2020, 2019 and 2012, since the dividend program was implemented in the third quarter of 2010.