Covenant Logistics Group Dividend
Dividend criteria checks 1/6
Covenant Logistics Group is a dividend paying company with a current yield of 0.98% that is well covered by earnings.
Key information
1.0%
Dividend yield
14%
Payout ratio
Industry average yield | 4.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €3.20 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CV5 has been paying a dividend for less than 10 years.
Growing Dividend: CV5's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Covenant Logistics Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CV5) | 1.0% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Transportation) | 4.6% |
Analyst forecast in 3 Years (CV5) | n/a |
Notable Dividend: CV5's dividend (0.98%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: CV5's dividend (0.98%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.6%), CV5's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CV5 is paying a dividend but the company has no free cash flows.