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 | US$0.440 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Covenant Logistics Group (NYSE:CVLG)
Nov 08
Covenant Logistics Group: Staying In Lane
Aug 13Returns At Covenant Logistics Group (NASDAQ:CVLG) Appear To Be Weighed Down
Jul 31Should You Think About Buying Covenant Logistics Group, Inc. (NASDAQ:CVLG) Now?
Jul 17Covenant Logistics Group (NASDAQ:CVLG) Is Paying Out A Dividend Of $0.11
Feb 19Covenant 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 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 3 years.
Dividend Yield vs Market
| Covenant Logistics Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CVLG) | 0.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Transportation) | 1.7% |
| Analyst forecast (CVLG) (up to 3 years) | n/a |
Notable Dividend: CVLG's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: CVLG's dividend (0.76%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), 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.