Covenant Logistics Group Inc. Stock Dividends
Covenant Logistics Group Inc. Stock Dividends Overview
CVLG pays dividends quarterly. Last paid amount was $0.110 at Jun 28, 2024. As of today, dividend yield (TTM) is 0.95%.
Dividend Yield Range
AI Analysis of CVLG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.95% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.110 |
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Covenant Logistics Group Inc. has not yet announced its next dividend date. Last payment date was: Jun 28, 2024.
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CVLG Dividend Payout History
To ensure a understanding of CVLG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 07, 2024 | Jun 07, 2024 | Jun 28, 2024 | $0.110 | 0.223% |
| 2 | Feb 15, 2024 | Feb 29, 2024 | Mar 29, 2024 | $0.110 | 0.237% |
| 3 | Nov 16, 2023 | Nov 30, 2023 | Dec 29, 2023 | $0.110 | 0.239% |
| 4 | Aug 21, 2023 | Aug 31, 2023 | Sep 29, 2023 | $0.110 | 0.251% |
| 5 | May 22, 2023 | Jun 01, 2023 | Jun 30, 2023 | $0.110 | 0.251% |
| 6 | Feb 16, 2023 | Mar 02, 2023 | Mar 31, 2023 | $0.110 | 0.311% |
| 7 | Nov 16, 2022 | Dec 01, 2022 | Dec 30, 2022 | $0.0800 | 0.231% |
| 8 | Aug 17, 2022 | Sep 01, 2022 | Sep 30, 2022 | $0.0800 | 0.279% |
| 9 | May 19, 2022 | Jun 02, 2022 | Jun 24, 2022 | $0.0630 | 0.245% |
| 10 | Jan 26, 2022 | Mar 03, 2022 | Mar 25, 2022 | $0.0630 | 0.277% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
CVLG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from CVLG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CVLG stock here.
Comparing CVLG to Sector and Country
CVLG pays a solid dividend yield of 0.95%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.600%). CVLG’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (6.79%), which means that there are more attractive dividend stocks to consider.
CVLG Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Haynes International | 749.717M | $0.220 | 1.61% | 29.64% | |
| Covenant Logistics Group Inc. | 638.145M | $0.110 | 0.95% | 13.53% |
