Covenant Logistics Group Dividends and Buybacks
Dividend criteria checks 1/6
Covenant Logistics Group is a dividend paying company with a current yield of 0.81% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 6th December, 2024.
Key information
0.8%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -7.6% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | €0.397 |
| Payout ratio | 14% |
Recent dividend and buyback 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 3 years.
Dividend Yield vs Market
| Covenant Logistics Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CV5) | 0.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Transportation) | 4.4% |
| Analyst forecast (CV5) (up to 3 years) | n/a |
Notable Dividend: CV5's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: CV5's dividend (0.81%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:39 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Covenant Logistics Group, Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Donald Broughton | Avondale Partners |
| Colin Scarola | CFRA Equity Research |
| Chaz Jones | Morgan Keegan & Company |