Covenant Logistics Group, Inc.

NYSE:CVLG Stock Report

Market Cap: US$584.4m

Covenant Logistics Group Dividends and Buybacks

Dividend criteria checks 1/6

Covenant Logistics Group is a dividend paying company with a current yield of 1.14% that is well covered by earnings.

Key information

1.1%

Dividend yield

6.4%

Buyback Yield

Total Shareholder Yield7.5%
Future Dividend Yieldn/a
Dividend Growth30.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio24%

Recent dividend and buyback updates

Recent updates

Covenant Logistics Group, Inc. (NYSE:CVLG) Stock Rockets 26% But Many Are Still Ignoring The Company

Dec 19
Covenant Logistics Group, Inc. (NYSE:CVLG) Stock Rockets 26% But Many Are Still Ignoring The Company

Covenant Logistics Transition Could Drive Much Better Results In 2026

Dec 10

When Should You Buy Covenant Logistics Group, Inc. (NYSE:CVLG)?

Jul 26
When Should You Buy Covenant Logistics Group, Inc. (NYSE:CVLG)?

Market Cool On Covenant Logistics Group, Inc.'s (NYSE:CVLG) Earnings

Jul 03
Market Cool On Covenant Logistics Group, Inc.'s (NYSE:CVLG) Earnings

Covenant Logistics Group's (NYSE:CVLG) Soft Earnings Don't Show The Whole Picture

May 14
Covenant Logistics Group's (NYSE:CVLG) Soft Earnings Don't Show The Whole Picture

Covenant Logistics Group (NYSE:CVLG) Is Doing The Right Things To Multiply Its Share Price

Apr 25
Covenant Logistics Group (NYSE:CVLG) Is Doing The Right Things To Multiply Its Share Price

Covenant Logistics Group (NYSE:CVLG) Has Announced A Dividend Of $0.07

Feb 20
Covenant Logistics Group (NYSE:CVLG) Has Announced A Dividend Of $0.07

Fewer Investors Than Expected Jumping On Covenant Logistics Group, Inc. (NYSE:CVLG)

Feb 04
Fewer Investors Than Expected Jumping On Covenant Logistics Group, Inc. (NYSE:CVLG)
User avatar

Expanding High-Service Dedicated Fleet Will Strengthen Future Performance

Covenant Logistics focuses on margin improvement and profitability by expanding their Dedicated fleet and optimizing their Expedited segment.

Should You Investigate Covenant Logistics Group, Inc. (NYSE:CVLG) At US$26.28?

Jan 12
Should You Investigate Covenant Logistics Group, Inc. (NYSE:CVLG) At US$26.28?

Covenant Logistics Group's (NYSE:CVLG) Dividend Will Be $0.11

Nov 29
Covenant Logistics Group's (NYSE:CVLG) Dividend Will Be $0.11

Weak Statutory Earnings May Not Tell The Whole Story For Covenant Logistics Group (NYSE:CVLG)

Nov 08
Weak Statutory Earnings May Not Tell The Whole Story For Covenant Logistics Group (NYSE:CVLG)

Covenant Logistics Group: Staying In Lane

Aug 13

Returns At Covenant Logistics Group (NASDAQ:CVLG) Appear To Be Weighed Down

Jul 31
Returns At Covenant Logistics Group (NASDAQ:CVLG) Appear To Be Weighed Down

Should You Think About Buying Covenant Logistics Group, Inc. (NASDAQ:CVLG) Now?

Jul 17
Should You Think About Buying Covenant Logistics Group, Inc. (NASDAQ:CVLG) Now?

Covenant Logistics Group (NASDAQ:CVLG) Is Paying Out A Dividend Of $0.11

Feb 19
Covenant Logistics Group (NASDAQ:CVLG) Is Paying Out A Dividend Of $0.11

Covenant Logistics: The Business That Keeps On Delivering

Jan 28

These 4 Measures Indicate That Covenant Logistics Group (NASDAQ:CVLG) Is Using Debt Extensively

Jan 25
These 4 Measures Indicate That Covenant Logistics Group (NASDAQ:CVLG) Is Using Debt Extensively

Is There Now An Opportunity In Covenant Logistics Group, Inc. (NASDAQ:CVLG)?

Oct 28
Is There Now An Opportunity In Covenant Logistics Group, Inc. (NASDAQ:CVLG)?

Returns On Capital At Covenant Logistics Group (NASDAQ:CVLG) Have Stalled

Jul 31
Returns On Capital At Covenant Logistics Group (NASDAQ:CVLG) Have Stalled

Stability 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 4 years.


Dividend Yield vs Market

Covenant Logistics Group Dividend Yield vs Market
How does CVLG dividend yield compare to the market?
SegmentDividend Yield
Company (CVLG)1.1%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.4%
Industry Average (Transportation)1.8%
Analyst forecast (CVLG) (up to 3 years)n/a

Notable Dividend: CVLG's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: CVLG's dividend (1.14%) is low compared to the top 25% of dividend payers in the US market (4.39%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.6%), CVLG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: CVLG is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/06 04:11
End of Day Share Price 2026/01/06 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Covenant Logistics Group, Inc. is covered by 8 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.

AnalystInstitution
Kevin SterlingSeaport Research Partners
Reed SeayStephens, Inc.
Daniel ImbroStephens, Inc.