Covenant Logistics Group Dividend
Dividend criteria checks 1/6
Covenant Logistics Group is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
11%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$4.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Covenant Logistics Group (NASDAQ:CVLG) Is Paying Out A Dividend Of $0.11
Feb 19
Covenant Logistics: The Business That Keeps On Delivering
Jan 28These 4 Measures Indicate That Covenant Logistics Group (NASDAQ:CVLG) Is Using Debt Extensively
Jan 25Is There Now An Opportunity In Covenant Logistics Group, Inc. (NASDAQ:CVLG)?
Oct 28Returns On Capital At Covenant Logistics Group (NASDAQ:CVLG) Have Stalled
Jul 31Covenant Logistics Group (NASDAQ:CVLG) Is Increasing Its Dividend To $0.11
Feb 21Covenant Logistics Group (NASDAQ:CVLG) Seems To Use Debt Quite Sensibly
Jan 27Covenant Logistics Non-GAAP EPS of $1.52, revenue of $311.84M
Oct 20Returns Are Gaining Momentum At Covenant Logistics Group (NASDAQ:CVLG)
Aug 30Covenant Logistics files for $200M mixed shelf offering
Aug 12Covenant Logistics Q2 2022 Earnings Preview
Jul 22Why Covenant Logistics Group, Inc. (NASDAQ:CVLG) Could Be Worth Watching
Jul 20Covenant Logistics Group: Still Cheap
Jul 02Returns At Covenant Logistics Group (NASDAQ:CVLG) Are On The Way Up
May 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CVLG has been paying a dividend for less than 10 years.
Growing Dividend: CVLG'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CVLG) | 1.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Transportation) | 1.7% |
| Analyst forecast in 3 Years (CVLG) | n/a |
Notable Dividend: CVLG's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CVLG's dividend (1%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.5%), CVLG's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CVLG is paying a dividend but the company has no free cash flows.