Old Dominion Freight Line's most recent dividend was on Sep 3, 2025 (ex-date) with a cash dividend payment of $0.28 per share. On an annualized basis, the company has a current payout of $1.1 per share. This brings the dividend yield to 0.78% based on its recent close price.
ODFL has a dividend yield of 0.78% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.61%, Old Dominion Freight Line's dividend yield is 52% lower. The current dividend yield is more than the historical average of 0.4% of the last 5 years.
Old Dominion Freight Line has been paying dividends since 2017. ODFL has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 12% for the last twelve months. And since the stock price has gone down by 32% from a year ago, the dividend yield has increased by 65%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 3, 2025 | $0.28 | 0.74% |
| Jun 4, 2025 | $0.28 | 0.67% |
| Mar 5, 2025 | $0.28 | 0.6% |
| Dec 4, 2024 | $0.26 | 0.49% |
| Sep 4, 2024 | $0.26 | 0.5% |
| Jun 5, 2024 | $0.26 | 0.52% |
| Mar 5, 2024 | $0.26 | 0.4% |
| Dec 5, 2023 | $0.2 | 0.41% |
| Sep 5, 2023 | $0.2 | 0.35% |
| Jun 6, 2023 | $0.2 | 0.46% |
| Feb 28, 2023 | $0.2 | 0.38% |
| Dec 6, 2022 | $0.15 | 0.42% |
| Sep 6, 2022 | $0.15 | 0.4% |
| May 31, 2022 | $0.15 | 0.39% |
| Mar 1, 2022 | $0.15 | 0.29% |
| Nov 30, 2021 | $0.1 | 0.23% |
| Aug 31, 2021 | $0.1 | 0.26% |
| Jun 1, 2021 | $0.1 | 0.26% |
| Mar 2, 2021 | $0.1 | 0.29% |
| Dec 1, 2020 | $0.075 | 0.29% |
| Sep 1, 2020 | $0.075 | 0.28% |
| Jun 2, 2020 | $0.075 | 0.32% |
| Mar 3, 2020 | $0.077 | 0.38% |
| Dec 3, 2019 | $0.057 | 0.37% |
| Sep 3, 2019 | $0.057 | 0.4% |
| Jun 4, 2019 | $0.057 | 0.44% |
| Mar 5, 2019 | $0.057 | 0.38% |
| Dec 6, 2018 | $0.043 | 0.39% |
| Sep 5, 2018 | $0.043 | 0.31% |
| Jun 5, 2018 | $0.043 | 0.3% |
| Mar 5, 2018 | $0.043 | 0.31% |
| Dec 5, 2017 | $0.033 | 0.31% |
| Sep 1, 2017 | $0.033 | 0.3% |
| Jun 2, 2017 | $0.033 | 0.22% |
| Mar 2, 2017 | $0.033 | 0.11% |
ODFL has a payout ratio of 21.4% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 34.8%, Old Dominion Freight Line's payout ratio is 39% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FDX Fedex Corp | 2.19% | $5.66 | 32.9% |
| WERN Werner Enterprises Inc | 2.17% | $0.56 | 65.1% |
| KNX Knight-Swift Transportation Holdings Inc | 1.58% | $0.7 | 79.5% |
| HTLD Heartland Express Inc | 1.04% | $0.08 | N/A |
| JBHT Hunt J B Transport Services Inc | 1.04% | $1.75 | 30.1% |
| ODFL Old Dominion Freight Line Inc | 0.79% | $1.1 | 21.4% |
| ARCB Arcbest Corp | 0.72% | $0.48 | 7.1% |
Yes, Old Dominion Freight Line has paid four dividends in the last twelve months. ODFL has been paying dividends since 2017.
Old Dominion Freight Line's last dividend ex-date was on Sep 3, 2025. The dividend amount was $0.28 per share.
On an annual basis ODFL pays $1.1 per share.
Currently Old Dominion Freight Line's dividend yield is 0.78%.
Old Dominion Freight Line pays four dividends per year.
Old Dominion Freight Line's dividend payout ratio is 21.4%.
Old Dominion Freight Line's dividend yield is less than the Industrials sector average.
Special dividends are included in TTM DPS and yield.