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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 $1.30
Old Dominion Freight Line annual dividend for 2023 was $1.60
Old Dominion Freight Line's trailing twelve-month (TTM) dividend yield is 0.51%
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 dateDividend amountDividend typePay date
2024-12-04$0.26quarterly2024-12-18
2024-09-04$0.26quarterly2024-09-18
2024-06-05$0.26quarterly2024-06-19
2024-03-05$0.52quarterly2024-03-20
2023-12-05$0.40quarterly2023-12-20
2023-09-05$0.40quarterly2023-09-20
2023-06-06$0.40quarterly2023-06-21
2023-02-28$0.40quarterly2023-03-15
2022-12-06$0.30quarterly2022-12-21
2022-09-06$0.30quarterly2022-09-21
2022-05-31$0.30quarterly2022-06-15
2022-03-01$0.30quarterly2022-03-16
2021-11-30$0.20quarterly2021-12-15
2021-08-31$0.20quarterly2021-09-15
2021-06-01$0.20quarterly2021-06-16
2021-03-02$0.20quarterly2021-03-17
2020-12-01$0.15quarterly2020-12-16
2020-09-01$0.15quarterly2020-09-16
2020-06-02$0.15quarterly2020-06-17
2020-03-03$0.23quarterly2020-03-18
2019-12-03$0.17quarterly2019-12-18
2019-09-03$0.17quarterly2019-09-18
2019-06-04$0.17quarterly2019-06-19
2019-03-05$0.17quarterly2019-03-20
2018-12-06$0.13quarterly2018-12-20
2018-09-05$0.13quarterly2018-09-20
2018-06-05$0.13quarterly2018-06-20
2018-03-05$0.13quarterly2018-03-20
2017-12-05$0.10quarterly2017-12-20
2017-09-01$0.10quarterly2017-09-20
2017-06-02$0.10quarterly2017-06-20
2017-03-02$0.10quarterly2017-03-20

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 0.51%. Interested in purchasing Old Dominion Freight Line stock? Use our calculator to estimate your expected dividend yield:

Old Dominion Freight Line Financial Ratios

P/E ratio35.05
PEG ratio13.32
P/B ratio10.46
ROE29.40%
Payout ratio17.00%
Current ratio1.33
Quick ratio1.33
Cash Ratio0.13

Old Dominion Freight Line Dividend FAQ

How much is the next Old Dominion Freight Line dividend?
Old Dominion Freight Line's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Old Dominion Freight Line dividend. The next Old Dominion Freight Line dividend will be released in February, June, September, or December.
When is Old Dominion Freight Line dividend paid?
Old Dominion Freight Line pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Old Dominion Freight Line pay?
The specific amount of Old Dominion Freight Line dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Old Dominion Freight Line's dividend history.
Does Old Dominion Freight Line stock pay dividends?
Yes, Old Dominion Freight Line does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Old Dominion Freight Line's dividend history.
How much dividend does Old Dominion Freight Line pay?
Old Dominion Freight Line paid $1.3 in 2024, $1.6 in 2023, $1.2 in 2022, $0.8 in 2021, and $0.68 in 2020.
How often does Old Dominion Freight Line pay dividends?
Old Dominion Freight Line typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, June, September, and December.
What is Old Dominion Freight Line's dividend yield?
The current dividend yield for Old Dominion Freight Line is 0.51%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Old Dominion Freight Line's exact dividend yield.
When does Old Dominion Freight Line go ex dividend?
Old Dominion Freight Line's ex-dividend date for the latest dividend was on 2024-12-04. Old Dominion Freight Line typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Old Dominion Freight Line dividend paid?
Old Dominion Freight Line pays dividends on a quarterly basis, typically around February, June, September, or December, but the exact dates can vary each year.
Will Old Dominion Freight Line increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Old Dominion Freight Line will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Old Dominion Freight Line dividend per share?
Old Dominion Freight Line paid $1.3 per share in 2024 and $1.6 per share in 2023. The amount of dividend per share that Old Dominion Freight Line pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Old Dominion Freight Line a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Old Dominion Freight Line a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Old Dominion Freight Line a dividend stock?
Yes, Old Dominion Freight Line is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Old Dominion Freight Line a good dividend stock?
Whether Old Dominion Freight Line is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Old Dominion Freight Line has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Old Dominion Freight Line pay dividends monthly?
Old Dominion Freight Line typically pays dividends on a quarterly basis.
Does Old Dominion Freight Line pay dividends quarterly?
Old Dominion Freight Line currently pays dividends on a quarterly basis.
Has Old Dominion Freight Line ever paid a dividend?
Yes, Old Dominion Freight Line has a history of paying dividends to its shareholders. Old Dominion Freight Line is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Old Dominion Freight Line dividend stocks?
To buy Old Dominion Freight Line you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Old Dominion Freight Line stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Old Dominion Freight Line pay dividends 2024?
Old Dominion Freight Line pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Old Dominion Freight Line increase its dividend in 2024?
Decisions regarding Old Dominion Freight Line dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Old Dominion Freight Line dividend overview you can look into the above table of dividend history.
How Old Dominion Freight Line dividend works?
The Old Dominion Freight Line dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Old Dominion Freight Line's dividend process works:

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.
How are Old Dominion Freight Line dividends paid?
Old Dominion Freight Line dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Old Dominion Freight Line pay dividends?
Old Dominion Freight Line typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Old Dominion Freight Line pay dividends?
The general pattern is that Old Dominion Freight Line pays dividends around February, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Old Dominion Freight Line dividend safe?
The safety of Old Dominion Freight Line's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.