Covenant Logistics Group Dividends and Buybacks
Dividend criteria checks 1/6
Covenant Logistics Group is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.440 |
| 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) | 4.9% |
| Industry Average (Transportation) | 4.5% |
| Analyst forecast (CV5) (up to 3 years) | n/a |
Notable Dividend: CV5's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: CV5's dividend (0.76%) is low compared to the top 25% of dividend payers in the German market (4.86%).
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.