NasdaqGS:ODFLTransportation
Old Dominion Freight Line Weighs Higher Payouts Against Softer Earnings
Old Dominion Freight Line's board has approved a higher first quarter cash dividend, signaling an uptick in capital returned to shareholders.
The company has completed a significant tranche of its share repurchase program.
These actions accompanied the release of Old Dominion Freight Line's fourth quarter and full year earnings.
For investors tracking NasdaqGS:ODFL, this mix of a dividend increase and buyback completion puts the focus squarely on how the company is using its balance sheet...