Old Dominion Freight Line Stock Dividends
ODFL pays dividends quarterly. Last paid amount was $0.520 at Mar 20, 2024. As of today, dividend yield (TTM) is 1.12%.
Dividend Yield Range
AI Analysis of ODFL
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.12% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 30.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.520 |
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Old Dominion Freight Line has not yet announced its next dividend date. Last payment date was: Mar 20, 2024.
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ODFL Dividend Payout History
To ensure a understanding of ODFL'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 | Jan 31, 2024 | Mar 06, 2024 | Mar 20, 2024 | $0.520 | 0.239% |
| 2 | Jan 31, 2024 | Mar 05, 2024 | Mar 20, 2024 | $0.520 | 0.239% |
| 3 | Oct 19, 2023 | Dec 05, 2023 | Dec 20, 2023 | $0.400 | 0.199% |
| 4 | Jul 20, 2023 | Sep 05, 2023 | Sep 20, 2023 | $0.400 | 0.196% |
| 5 | May 18, 2023 | Jun 06, 2023 | Jun 21, 2023 | $0.400 | 0.245% |
| 6 | Feb 01, 2023 | Feb 28, 2023 | Mar 15, 2023 | $0.400 | 0.241% |
| 7 | Oct 20, 2022 | Dec 06, 2022 | Dec 21, 2022 | $0.300 | 0.209% |
| 8 | Jul 21, 2022 | Sep 06, 2022 | Sep 21, 2022 | $0.300 | 0.238% |
| 9 | May 19, 2022 | May 31, 2022 | Jun 15, 2022 | $0.300 | 0.248% |
| 10 | Feb 02, 2022 | Mar 01, 2022 | Mar 16, 2022 | $0.300 | 0.186% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
ODFL Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from ODFL 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 ODFL stock here.
Comparing ODFL to Sector and Country
ODFL pays a solid dividend yield of 1.12%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.523%). ODFL’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.52%), which means that there are more attractive dividend stocks to consider.
ODFL Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Paychex | 43.487B | $0.89 | 3.03% | 77.27% | |
| Fastenal Company | 39.208B | $0.390 | 2.89% | 89.86% | |
| PACCAR Inc. | 59.549B | $0.270 | 2.61% | 33.01% | |
| Automatic Data Processing | 100.212B | $1.40 | 2.26% | 58.19% | |
| CSX Corporation | 66.37B | $0.120 | 1.33% | 24.61% | |
| Expeditors International of Washington | 16.374B | $0.690 | 1.13% | 26.83% | |
| Old Dominion Freight Line | 40.104B | $0.520 | 1.12% | 10.51% | |
| Cintas Corporation | 67.557B | $1.35 | 0.95% | 33.97% | |
| J.B. Hunt Transport Services | 16.751B | $0.430 | 0.87% | 19.80% | |
| Ryanair Holdings plc | 24.809B | $0.94 | 0.665% | - | |
| Verisk Analytics | 31.811B | $0.390 | 0.602% | 26.15% | |
| United Airlines Holdings, Inc | 17.417B | $2.15 | 0% | - |
