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Covenant Logistics Group (Covenant Logistics Group) Dividends per Share : $0.44 (TTM As of Dec. 2023)


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What is Covenant Logistics Group Dividends per Share?

Covenant Logistics Group's dividends per share for the three months ended in Dec. 2023 was $0.11. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.44. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.13. As of today, Covenant Logistics Group's Dividend Yield % is 0.98%.

Good Sign:

Covenant Logistics Group Inc stock dividend yield is close to 3-year high.

During the past 12 months, Covenant Logistics Group's average Dividends Per Share Growth Rate was 54.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

For more information regarding to dividend, please check our Dividend Page.


Covenant Logistics Group Dividends per Share Historical Data

The historical data trend for Covenant Logistics Group's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Covenant Logistics Group Dividends per Share Chart

Covenant Logistics Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.29 0.44

Covenant Logistics Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.11 0.11 0.11 0.11

Competitive Comparison of Covenant Logistics Group's Dividends per Share

For the Trucking subindustry, Covenant Logistics Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Covenant Logistics Group's Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Covenant Logistics Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Covenant Logistics Group's Dividend Yield % falls into.



Covenant Logistics Group Dividends per Share Calculation

Dividends paid to per common share.


Covenant Logistics Group  (NAS:CVLG) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Covenant Logistics Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.11/ 0.879
=0.13

During the past 13 years, the highest Dividend Payout Ratio of Covenant Logistics Group was 0.14. The lowest was 0.06. And the median was 0.10.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Covenant Logistics Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1102024-02-292024-03-012024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-11-302023-12-012023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-08-312023-09-012023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-06-012023-06-022023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Covenant Logistics Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.44/44.90
=0.98 %

Current Share Price is $44.90.
Covenant Logistics Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.44.

During the past 13 years, the highest Dividend Yield of Covenant Logistics Group was 1.06%. The lowest was 0.25%. And the median was 0.82%.

Good Sign:

Covenant Logistics Group Inc stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Covenant Logistics Group Dividends per Share Related Terms

Thank you for viewing the detailed overview of Covenant Logistics Group's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Covenant Logistics Group (Covenant Logistics Group) Business Description

Traded in Other Exchanges
Address
400 Birmingham Highway, Chattanooga, TN, USA, 37419
Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.
Executives
Joey B Hogan officer: Exec Vice President and CFO 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Wesley Miller Welborn director 6401 LEE HIGHWAY, STE B, CHATTANOOGA TN 37421
Benjamin Sr Carson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Samuel F Hough officer: EVP - Expedited 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Lynn Doster officer: EVP - Dedicated & Warehousing 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Paul Bunn officer: President, COO, and Secretary COVENANT TRANSPORTATION GROUP, INC., 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Rachel Parker-hatchett director 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Herbert J Schmidt director 1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
Grant James S Iii officer: EVP and CFO 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Joey Ballard officer: EVP, People and Safety 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
D Michael Kramer director P O BOX 868, EVANSVILLE IN 47705-0868
George S. Yates officer: SVP - Brokerage 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Tracy L. Rosser director 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Bradley A Moline director 610 BROADWAY, IMPERIAL NE 69033
Robert E Bosworth director LIVINGSTON COMPANY & SOUTHPORT CAPITAL, ONE UNION SQUARE, SUITE 300, CHATTANOOGA TN 37402