Covenant Logistics (CVLG) Dividend History & Analysis

Track McKesson's (CVLG) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 0.97%
Dividends per Share 12m 0.35
Dividend Growth Rate 5y 10.54%
Overall Dividend Rating 50.92%
Yield on Cost 5y 4.75%
Payout Ratio 10.0%
Payout Frequency 12m 4
Payout Consistency 95.8%
Total Return 12m: -48.72%
#21 in Group
Total Return 5y: 218.20%
#6 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Cargo Ground Transportation

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
CVLG 589m 0.97% 4.75%
R 6,003m 2.14% 14.2%
TFII 6,501m 1.56% 8.53%
LSTR 5,205m 2.07% 3.77%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
CVLG 589m 10.5% 10.0%
ODFL 35,117m 28.1% 19.3%
TFII 6,501m 15.7% 21.8%
KNX 7,219m 14.9% 62.3%

CVLG Dividend History: Last 13 Payments (USD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-03-07 2025-03-07 2025-03-28 Quarterly 0.07 27.3% 0.28%
2024-12-06 2024-12-06 2024-12-27 Quarterly 0.055 -50% 0.1%
2024-09-06 2024-09-06 2024-09-27 Quarterly 0.11 0.22%
2024-06-07 2024-06-07 2024-06-28 Quarterly 0.11 0.23%
2024-02-29 2024-03-01 2024-03-29 Quarterly 0.11 0.22%
2023-11-30 2023-12-01 2023-12-29 Quarterly 0.11 0.26%
2023-08-31 2023-09-01 2023-09-29 Quarterly 0.11 0.22%
2023-06-01 2023-06-02 2023-06-30 Quarterly 0.11 0.29%
2023-03-02 2023-03-03 2023-03-31 Quarterly 0.11 37.5% 0.32%
2022-12-01 2022-12-02 2022-12-30 Quarterly 0.08 0.21%
2022-09-01 2022-09-02 2022-09-30 Quarterly 0.08 28% 0.29%
2022-06-02 2022-06-03 2022-06-24 Quarterly 0.0625 0.27%
2022-03-03 2022-03-04 2022-03-25 Quarterly 0.0625 0.28%

CVLG Dividend FAQ

Does CVLG pay dividends?

Yes, as of April 2025, CVLG paid a dividend of 0.35 USD in the last 12 months. The last dividend was paid on 2025-03-07.

What is the Dividend Yield of CVLG?

As of April 2025, CVLG`s dividend yield is 0.97%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 350K USD by the current share price of 23.12.

How often does CVLG pay dividends?

CVLG pays dividends quarterly. Over the last 12 months (TTM), CVLG has issued 4 dividend payments.

What is the next Ex-Dividend Date for CVLG?

The next ex-dividend date for Covenant Logistics (CVLG) is unknown.

What is the Dividend Growth of CVLG?

CVLG's average dividend growth rate over the past 5 years is 10.5M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of CVLG?

CVLG's 5-Year Yield on Cost is 4.75M%. This represents the effective dividend yield for an investor who bought Covenant Logistics five years ago. It is calculated as the sum of all trailing 12-month dividends (350K) divided by the purchase price five years ago (7.27):

What is the Payout Consistency of CVLG?

CVLG Payout Consistency is 95.8%.
Highly consistent: Covenant Logistics has a strong track record of consistent dividend payments.

Does CVLG have a good Dividend Yield?

CVLG`s 0.97% Dividend Yield is considered as low.

What is the Dividend Payout Ratio of CVLG?

The Dividend Payout Ratio of CVLG is 10.0%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of CVLG?

CVLG`s Overall Dividend Rating is 50.92%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

CVLG Outstanding Shares Analysis

What is the Trend in CVLG`s Outstanding Shares?

Covenant Logistics`s outstanding shares have increased by approximately 10.24% annually over the past 5 years (Correlation: 0.0%), negatively influencing stock price.

Has Covenant Logistics ever had a Stock Split?

Yes, last Stock Split was on 2025-01-02 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares Annual Growth Rate
1995 13,000,000
1996 13,350,000 +2.69%
1997 13,359,000 +0.07%
1998 14,909,000 +11.6%
1999 14,912,000 +0.02%
2000 13,960,000 -6.38%
2001 92,111,100 +559.82%
2002 14,317,000 -84.46%
2003 14,461,000 +1.01%
2004 14,585,000 +0.86%
2005 13,979,000 -4.15%
2006 14,000,000 +0.15%
2007 14,026,000 +0.19%
2008 14,049,000 +0.16%
2009 14,177,000 +0.91%
2010 14,499,000 +2.27%
2011 14,719,000 +1.52%
2012 14,915,000 +1.33%
2013 15,084,000 +1.13%
2014 16,443,000 +9.01%
2015 18,205,000 +10.72%
2016 18,291,000 +0.47%
2017 18,368,000 +0.42%
2018 18,533,000 +0.9%
2019 18,681,000 +0.8%
2020 17,135,000 -8.28%
2021 16,974,000 -0.94%
2022 14,205,000 -16.31%
2023 13,710,000 -3.48%
2024 27,900,000 +103.5%