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Old Dominion Freight Line (ODFL) Dividend Yield, Date & History

Old Dominion Freight Line logo
$198.60 -2.09 (-1.04%)
(As of 11:09 AM ET)

Old Dominion Freight Line Dividend Summary

Dividend Yield
0.52%
Annual Dividend
$1.04
Next
Dividend Payment
Dec. 18
Annualized 3-Year
Dividend Growth
38.42%
Dividend Payout Ratio
18.18%

Old Dominion Freight Line (ODFL) pays an annual dividend of $1.04 per share, with a dividend yield of 0.52%. The next quarterly payment of $0.26 per share is scheduled for Wednesday, December 18, to investors who owned the stock before the ex-dividend date of Wednesday, December 4. The company currently pays out 18.18% of its earnings and 14.95% of its cash flow as dividends.

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ODFL Dividend Payments by Quarter

The chart below displays up to four years of Old Dominion Freight Line's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

ODFL Dividend Yield Over Time

The chart below tracks Old Dominion Freight Line's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Old Dominion Freight Line vs. The Competition

Compare Old Dominion Freight Line's annual dividend, yield, and 3-year growth rate with averages for Transportation and NASDAQ companies to evaluate its performance against the market.

TypeOld Dominion Freight LineTransportation CompaniesNASDAQ Companies
Annual Dividend$1.04$0.01$1.30
Dividend Yield0.52%4.47%4.01%
Annualized 3-Year Dividend Growth38.42%26.12%14.22%

Old Dominion Freight Line Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings18.18%
Based on This Year's Estimate19.15%
Based on Next Year's Estimate17.60%
Based on Cashflow14.95%

Old Dominion Freight Line Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/17/2024quarterly$0.26 - 0.51%12/4/202412/4/202412/18/2024
7/18/2024quarterly$0.26 - 0.52%9/4/20249/4/20249/18/2024
5/20/2024quarterly$0.26 - 0.57%6/5/20246/5/20246/19/2024
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1/31/2024quarterly$0.26+$0.06
30.00%
0.53%3/5/20243/6/20243/20/2024
10/19/2023quarterly$0.20 - 0.4%12/5/202312/6/202312/20/2023
7/20/2023quarterly$0.20 - 0.4%9/5/20239/6/20239/20/2023
5/18/2023quarterly$0.20 - 0.53%6/6/20236/7/20236/21/2023
2/1/2023quarterly$0.20+$0.05
33.33%
0.48%2/28/20233/1/20233/15/2023

This table shows Old Dominion Freight Line's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Old Dominion Freight Line Dividend - Frequently Asked Questions

The current dividend yield for Old Dominion Freight Line is 0.52%. Learn more on ODFL's dividend yield history.

The annual dividend for ODFL shares is $1.04. Learn more on ODFL's annual dividend history.

Old Dominion Freight Line pays quarterly dividends to shareholders.

Old Dominion Freight Line's next quarterly dividend payment of $0.26 per share will be made to shareholders on Wednesday, December 18, 2024.

Old Dominion Freight Line's most recent quarterly dividend payment of $0.26 per share was made to shareholders on Wednesday, September 18, 2024.

Old Dominion Freight Line's most recent ex-dividend date was Wednesday, December 4, 2024.

Over the past three years, the company's dividend has grown by an average of 38.42% per year.

The most recent change in the company's dividend was an increase of $0.06 on Wednesday, January 31, 2024.

The dividend payout ratio for ODFL is:
  • 18.18% based on the trailing year of earnings
  • 19.15% based on this year's estimates
  • 17.60% based on next year's estimates
  • 14.95% based on cash flow

Old Dominion Freight Line's dividend yield of 0.51% is lower than the average Transportation company that issues a dividend. Old Dominion Freight Line's dividend payout ratio of 18.18% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Old Dominion Freight Line stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:ODFL) was last updated on 12/16/2024 by MarketBeat.com Staff
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