Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2021, it owned and operated 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers; 3 fleet maintenance centers; and 251 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.
Old Dominion Freight Line Dividend Announcement
• Old Dominion Freight Line announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-12-18. Ex dividend date: 2024-12-04
• Old Dominion Freight Line annual dividend for 2024 was $1.82
• Old Dominion Freight Line annual dividend for 2023 was $6.40
• Old Dominion Freight Line's trailing twelve-month (TTM) dividend yield is 0.62%
• Old Dominion Freight Line's payout ratio for the trailing twelve months (TTM) is 17.00%
• Old Dominion Freight Line's dividend growth over the last five years (2018-2023) was 25.21% year
Old Dominion Freight Line Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-04 | $0.26 | quarterly | 2024-12-18 |
2024-09-04 | $0.26 | quarterly | 2024-09-18 |
2024-06-05 | $0.26 | quarterly | 2024-06-19 |
2024-03-05 | $1.04 | quarterly | 2024-03-20 |
2023-12-05 | $1.60 | quarterly | 2023-12-20 |
2023-09-05 | $1.60 | quarterly | 2023-09-20 |
2023-06-06 | $1.60 | quarterly | 2023-06-21 |
2023-02-28 | $1.60 | quarterly | 2023-03-15 |
2022-12-06 | $1.20 | quarterly | 2022-12-21 |
2022-09-06 | $1.20 | quarterly | 2022-09-21 |
2022-05-31 | $1.20 | quarterly | 2022-06-15 |
2022-03-01 | $1.20 | quarterly | 2022-03-16 |
2021-11-30 | $0.80 | quarterly | 2021-12-15 |
2021-08-31 | $0.80 | quarterly | 2021-09-15 |
2021-06-01 | $0.80 | quarterly | 2021-06-16 |
2021-03-02 | $0.80 | quarterly | 2021-03-17 |
2020-12-01 | $0.60 | quarterly | 2020-12-16 |
2020-09-01 | $0.60 | quarterly | 2020-09-16 |
2020-06-02 | $0.60 | quarterly | 2020-06-17 |
2020-03-03 | $0.92 | quarterly | 2020-03-18 |
2019-12-03 | $0.68 | quarterly | 2019-12-18 |
2019-09-03 | $0.68 | quarterly | 2019-09-18 |
2019-06-04 | $0.68 | quarterly | 2019-06-19 |
2019-03-05 | $0.68 | quarterly | 2019-03-20 |
2018-12-06 | $0.52 | quarterly | 2018-12-20 |
2018-09-05 | $0.52 | quarterly | 2018-09-20 |
2018-06-05 | $0.52 | quarterly | 2018-06-20 |
2018-03-05 | $0.52 | quarterly | 2018-03-20 |
2017-12-05 | $0.40 | quarterly | 2017-12-20 |
2017-09-01 | $0.40 | quarterly | 2017-09-20 |
2017-06-02 | $0.40 | quarterly | 2017-06-20 |
2017-03-02 | $0.40 | quarterly | 2017-03-20 |
Old Dominion Freight Line Dividend per year
Old Dominion Freight Line Dividend growth
Old Dominion Freight Line Dividend Yield
Old Dominion Freight Line current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Old Dominion Freight Line stock? Use our calculator to estimate your expected dividend yield:
Old Dominion Freight Line Financial Ratios
Old Dominion Freight Line Dividend FAQ
Other factors to consider when evaluating Old Dominion Freight Line as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Old Dominion Freight Line's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Old Dominion Freight Line publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Old Dominion Freight Line distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Old Dominion Freight Line are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Old Dominion Freight Line sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Old Dominion Freight Line distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Old Dominion Freight Line declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Old Dominion Freight Line's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Old Dominion Freight Line's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.