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Covenant Logistics Group (CVLG) Dividend Yield, Date & History

Covenant Logistics Group logo
$56.74 -0.59 (-1.03%)
(As of 11/20/2024 ET)

Dividend Summary

Dividend Yield
0.78%
Annual Dividend
$0.44
Dividend Payout Ratio
14.47%
Recent
Dividend Payment
Sep. 27
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Covenant Logistics Group vs. The Competition

TypeCovenant Logistics GroupTransportation CompaniesNASDAQ Companies
Annual Dividend$0.44$1.49$1.28
Dividend Yield0.78%447.30%405.57%
Annualized 3-Year Dividend Growth0.00%26.12%14.30%

Covenant Logistics Group Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings14.47%
Based on This Year's Estimates11.00%
Based on Next Year's Estimates8.82%
Based on Cashflow4.60%

Covenant Logistics Group Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/19/2024quarterly$0.110.8%9/6/20249/6/20249/27/2024
5/16/2024Quarterly$0.110.95%6/7/20246/7/20246/28/2024
2/15/2024Quarterly$0.110.82%2/29/20243/1/20243/29/2024
11/16/2023Quarterly$0.111.07%11/30/202312/1/202312/29/2023
8/21/2023Quarterly$0.110.89%8/31/20239/1/20239/29/2023
5/22/2023Quarterly$0.111.13%6/1/20236/2/20236/30/2023
2/16/2023Quarterly$0.111.26%3/2/20233/3/20233/31/2023
11/16/2022Quarterly$0.080.82%12/1/202212/2/202212/30/2022
8/17/2022Quarterly$0.080.97%9/1/20229/2/20229/30/2022
5/18/2022Quarterly$0.06301.2%6/2/20226/3/20226/24/2022
1/28/2022--$0.06253/3/20223/4/20223/25/2022
(Data available from 1/1/2013 forward)

Covenant Logistics Group Dividend - Frequently Asked Questions

What is Covenant Logistics Group's dividend yield?

The current dividend yield for Covenant Logistics Group is 0.78%. Learn more on CVLG's dividend yield history.

How much is Covenant Logistics Group's annual dividend?

The annual dividend for CVLG shares is $0.44. Learn more on CVLG's annual dividend history.

How often does Covenant Logistics Group pay dividends?

Covenant Logistics Group pays quarterly dividends to shareholders.

When was Covenant Logistics Group's most recent dividend payment?

Covenant Logistics Group's most recent quarterly dividend payment of $0.11 per share was made to shareholders on Friday, September 27, 2024.

When was Covenant Logistics Group's most recent ex-dividend date?

Covenant Logistics Group's most recent ex-dividend date was Friday, September 6, 2024.

When did Covenant Logistics Group last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.03 on Thursday, February 16, 2023.

What is Covenant Logistics Group's dividend payout ratio?
The dividend payout ratio for CVLG is:
  • 14.47% based on the trailing year of earnings
  • 11.00% based on this year's estimates
  • 8.82% based on next year's estimates
  • 4.60% based on cash flow
Is Covenant Logistics Group a good dividend stock?

Covenant Logistics Group's dividend yield of 0.76% is lower than the average Transportation company that issues a dividend. Covenant Logistics Group's dividend payout ratio of 14.47% is at a healthy, sustainable level, below 75% of its earnings.


This page (NASDAQ:CVLG) was last updated on 11/21/2024 by MarketBeat.com Staff
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