CVLG Dividend History & Analysis | 1.1% Yield

CVLG has a dividend yield of 1.1% and paid 0.27 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 1.10%
Dividends per Share 12m 0.27
Dividend Growth Rate CAGR 5y 10.54%
Overall Dividend Rating 45.90%
Yield on Cost 5y 3.47%
Payout Ratio 14.6%
Payouts in the last 12m 4
Payout Consistency 5y -2.27%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Number of Payouts Yearly This chart shows the number of dividend payouts per year. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over the last 5 years in one graph. The price axis is on the left and the dividend yield axis is on the right.

Top Dividend Payers in Cargo Ground Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap (USD) Dividend Yield TTM Yield on Cost (purchase 5y ago)
R 7,637 M 1.95% 8.55%
TFII 7,921 M 1.86% 4.39%
WERN 1,697 M 2.41% 1.69%
MRTN 953 M 1.89% 1.66%
KNX 7,075 M 1.57% 1.75%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap (USD) Growth Rate (CAGR) Payout Consistency
ODFL 30,451 M 28.1% 97.2%
TFII 7,921 M 15.7% 90.2%
KNX 7,075 M 14.9% 98.2%
JBHT 13,841 M 9.75% 81.6%
R 7,637 M 6.30% 96.8%

Similar Stocks with Attractive Dividends - Compare CVLG Dividends with its Peer-Group

R
Ryder System
1.95% Yield
TFII
JBHT
LSTR
Landstar System
1.34% Yield

CVLG Dividend History: Last 15 Payments (USD) as of September 2025

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-09-05 2025-09-05 2025-09-26 Quarterly 0.07 0% 0.29%
2025-06-06 2025-06-06 2025-06-27 Quarterly 0.07 0% 0.31%
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% 0.22%
2024-06-07 2024-06-07 2024-06-28 Quarterly 0.11 0% 0.23%
2024-02-29 2024-03-01 2024-03-29 Quarterly 0.11 0% 0.22%
2023-11-30 2023-12-01 2023-12-29 Quarterly 0.11 0% 0.26%
2023-08-31 2023-09-01 2023-09-29 Quarterly 0.11 0% 0.22%
2023-06-01 2023-06-02 2023-06-30 Quarterly 0.11 0% 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% 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% 0.27%
2022-03-03 2022-03-04 2022-03-25 Quarterly 0.0625 0% 0.28%

CVLG Dividend FAQ

Covenant Logistics Group, Inc. is a multifaceted logistics provider operating across the United States, offering a diverse array of services through its four primary segments: Expedited, Dedicated, Managed Freight, and Warehousing. The company has established a strong presence in the transportation and logistics industry, catering to a wide range of customers including transportation companies, manufacturers, retailers, and food and beverage shippers.

What is the Dividend Yield of CVLG?

As of September 2025, CVLG`s dividend yield is 1.10%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.27 USD by the current share price of 23.54.

Does CVLG pay a dividend?

As of September 2025, CVLG paid a dividend of 0.27 USD in the last 12 months. The last dividend was paid on 2025-09-05 and the payout was 0.07 USD.

How often does CVLG pay dividends?

CVLG pays dividends quarterly. Over the last 12 months, CVLG has issued 4 dividend payments. The last dividend payment was made on 2025-09-05.

Will CVLG pay dividends in 2025?

The latest dividend paid per share was 0.07 USD with an Ex-Dividend Date of 2025-09-05. The next Ex-Dividend date for Covenant Logistics (CVLG) is currently unknown.

What is the next Ex-Dividend Date for CVLG?

The next Ex-Dividend date for Covenant Logistics (CVLG) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CVLG?

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

What is the Yield on Cost of CVLG?

CVLG's 5-Year Yield on Cost is 3.47%. If you bought CVLG's shares at 7.64 USD five years ago, your current annual dividend income (0.27 USD per share, trailing 12 months) equals 3.47% of your original purchase price.

What is the Payout Consistency of CVLG?

CVLG Payout Consistency is 95.8%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Covenant Logistics has a strong track record of consistent dividend payments over its lifetime.

Does CVLG have a good Dividend Yield?

CVLG`s 1.10% Dividend Yield is considered as low. This is usually a sign of a growth company.

What is the Dividend Payout Ratio of CVLG?

The Dividend Payout Ratio of CVLG is 14.6%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of CVLG?

CVLG`s Overall Dividend Rating is 45.90%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CVLG Outstanding Shares Analysis

What is the Trend in CVLG`s Outstanding Shares (CAGR)?

Covenant Logistics`s outstanding shares have decreased by approximately -0.70% annually over the past 3 years (Correlation: 0.0%), positively influencing the share price.

Has Covenant Logistics ever had a Stock Split?

Yes, the 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 26,000,000
1996 26,700,000 +2.69%
1997 26,718,000 +0.07%
1998 29,818,000 +11.6%
1999 29,824,000 +0.02%
2000 27,920,000 -6.38%
2001 92,111,100 +229.91%
2002 28,634,000 -68.91%
2003 28,922,000 +1.01%
2004 29,170,000 +0.86%
2005 27,958,000 -4.15%
2006 28,000,000 +0.15%
2007 28,052,000 +0.19%
2008 28,098,000 +0.16%
2009 28,354,000 +0.91%
2010 28,998,000 +2.27%
2011 29,438,000 +1.52%
2012 29,830,000 +1.33%
2013 30,168,000 +1.13%
2014 32,886,000 +9.01%
2015 36,410,000 +10.72%
2016 36,582,000 +0.47%
2017 36,736,000 +0.42%
2018 37,066,000 +0.9%
2019 37,362,000 +0.8%
2020 34,270,000 -8.28%
2021 33,948,000 -0.94%
2022 28,410,000 -16.31%
2023 27,420,000 -3.48%
2024 27,900,000 +1.75%
2025 27,564,000 -1.2%

Key Metric Definitions

  • Dividend Yield: Annual dividend per share divided by current share price.
  • Dividend Growth Rate: Compound annual growth rate of annual dividend per share over the last 5 years.
  • Payout Ratio: Percentage of earnings paid as dividends (TTM).
  • Payout Consistency: % of eligible periods with uninterrupted or increased dividends, measured over the entire lifetime of the stock or fund.
  • Payout Frequency: Number of dividends paid in the last 12m (TTM).
  • Overall Dividend Rating: Proprietary composite score, quantified on a scale from 0 to +100. Ratings surpassing 70 are regarded as favorable, while those exceeding 85 are strong.
  • Total Return: Price appreciation plus dividends over specified period.
  • Market Cap: Figures are in millions of the corresponding currency.

Last update: 2025-09-06 02:41