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Old Dominion Freight Line (BSP:O1DF34) Dividend Yield %

: 0.29% (As of Today)
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As of today (2024-04-16), the Trailing Annual Dividend Yield of Old Dominion Freight Line is 0.29%.

Good Sign:

Old Dominion Freight Line Inc stock dividend yield is close to 1-year high.

The historical rank and industry rank for Old Dominion Freight Line's Dividend Yield % or its related term are showing as below:

BSP:O1DF34' s Dividend Yield % Range Over the Past 10 Years
Min: 0.1   Med: 0.32   Max: 0.44
Current: 0.29

During the past 13 years, the highest Dividend Yield of Old Dominion Freight Line was 0.44%. The lowest was 0.10%. And the median was 0.32%.

BSP:O1DF34's Dividend Yield % is ranked worse than
96.63% of 623 companies
in the Transportation industry
Industry Median: 2.96 vs BSP:O1DF34: 0.29

Old Dominion Freight Line's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.09.

During the past 13 years, the highest Dividend Payout Ratio of Old Dominion Freight Line was 0.14. The lowest was 0.07. And the median was 0.09.

As of today (2024-04-16), the Forward Dividend Yield % of Old Dominion Freight Line is 0.32%.

Old Dominion Freight Line's Dividends per Share for the three months ended in Dec. 2023 was R$0.03.

During the past 12 months, Old Dominion Freight Line's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 38.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 36.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Old Dominion Freight Line was 38.40% per year. The lowest was 31.40% per year. And the median was 35.25% per year.

The growth rate is calculated with least square regression.

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


Old Dominion Freight Line Dividend Yield % Historical Data

The historical data trend for Old Dominion Freight Line's Dividend Yield % 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.

Old Dominion Freight Line Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.21 0.41 0.34

Old Dominion Freight Line Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only 0.41 0.38 0.48 0.40 0.34

Competitive Comparison

For the Trucking subindustry, Old Dominion Freight Line'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.


Old Dominion Freight Line Dividend Yield % Distribution

For the Transportation industry and Industrials sector, Old Dominion Freight Line's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's Dividend Yield % falls into.



Old Dominion Freight Line Dividend Yield % Calculation

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

Old Dominion Freight Line Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 0.0452024-03-052024-03-042024-03-26Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.0342023-12-052023-12-042023-12-27Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.0342023-09-052023-09-042023-09-26Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.0482023-06-062023-06-052023-06-27Cash DividendquarterlyBRL:BRL 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.

Old Dominion Freight Line's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.161/56.16
=0.29 %

Current Share Price is R$56.16.
Old Dominion Freight Line's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$0.161.

Old Dominion Freight Line's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.18/56.16
=0.32 %

Current Share Price is R$56.16.
Old Dominion Freight Line's Dividends per Share for the forward twelve months is calculated as R$0.045 * 4 = R$0.18.

* 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.


Old Dominion Freight Line  (BSP:O1DF34) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Old Dominion Freight Line Dividend Yield % Related Terms

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Old Dominion Freight Line (BSP:O1DF34) Business Description

Traded in Other Exchanges
Address
500 Old Dominion Way, Thomasville, NC, USA, 27360
Old Dominion Freight Line is the second-largest less than truckload carrier in the United States, with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns stand head and shoulders above its peers. Strategic initiatives revolve around increasing network density through market share gains and maintaining industry-leading service via steadfast infrastructure investment.

Old Dominion Freight Line (BSP:O1DF34) Headlines

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