Covenant Logistics Group Dividend
What is Covenant Logistics Group current dividend yield, its reliability and sustainability?
[object Object] Score2/6
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Covenant Logistics Group Dividend Yield vs Market|
|Market Bottom 25% (US)||1.5%|
|Market Top 25% (US)||4.2%|
|Industry Average (Transportation)||1.7%|
|Analyst forecast in 3 Years (CVLG)||n/a|
Notable Dividend: CVLG's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: CVLG's dividend (0.83%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Too early to tell whether CVLG's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CVLG's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.8%), CVLG's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.4%), CVLG's dividend payments are thoroughly covered by cash flows.