Old Dominion Freight Line's most recent dividend was on Mar 5, 2025 (ex-date) with a cash dividend payment of $0.28 per share. On an annualized basis, the company has a current payout of $1.06 per share. This brings the dividend yield to 0.64% based on its recent close price. The latest dividend has increased by $0.02, or 8% from the prior payment.
ODFL has a dividend yield of 0.64% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.58%, Old Dominion Freight Line's dividend yield is 59% 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 23% for the last twelve months. And since the stock price has gone down by 25% from a year ago, the dividend yield has increased by 63%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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 19.2% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 34%, Old Dominion Freight Line's payout ratio is 44% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
FDX Fedex Corp | 2.25% | $5.52 | 34.3% |
WERN Werner Enterprises Inc | 1.91% | $0.56 | 101.8% |
KNX Knight-Swift Transportation Holdings Inc | 1.51% | $0.66 | 90.4% |
JBHT Hunt J B Transport Services Inc | 1.17% | $1.73 | 30.9% |
HTLD Heartland Express Inc | 0.86% | $0.08 | N/A |
ARCB Arcbest Corp | 0.69% | $0.48 | 6.5% |
ODFL Old Dominion Freight Line Inc | 0.64% | $1.06 | 19.2% |
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 Mar 5, 2025. The dividend amount was $0.28 per share.
On an annual basis ODFL pays $1.06 per share.
Currently Old Dominion Freight Line's dividend yield is 0.64%.
Old Dominion Freight Line pays four dividends per year.
Old Dominion Freight Line's dividend payout ratio is 19.2%.
Old Dominion Freight Line's dividend yield is less than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.