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ODFL Old Dominion Freight Line Inc Dividend

Old Dominion Freight Line's most recent quarterly dividend was on Aug 31, 2021 (ex-date) with a cash dividend payment of $0.2 per share. On an annualized basis, the company has a current payout of $0.75 per share. This brings the dividend yield to 0.21% based on its recent close price.

ODFL next dividend date: Nov 30, 2021

ODFL
DPS
$0.75
Dividend yield
0.21%
Payout ratio
9.2%
Industrials sector
Dividend yield
1.56%
Payout ratio
33.6%

Dividend yield

ODFL has a dividend yield of 0.21% which is lower than the Industrials sector, the industry and its peers average.

Dividend history

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 33% for the last twelve months. But since the stock price has gone up by 74% from a year ago, the dividend yield has decreased by 25%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Jul 22, 2021 Aug 31, 2021 Sep 15, 2021 $0.2 normal
May 20, 2021 Jun 1, 2021 Jun 16, 2021 $0.2 normal
Mar 2, 2021 Mar 17, 2021 $0.2 normal
Oct 23, 2020 Dec 1, 2020 Dec 16, 2020 $0.15 normal
Jul 23, 2020 Sep 1, 2020 Sep 16, 2020 $0.15 normal
May 21, 2020 Jun 2, 2020 Jun 17, 2020 $0.15 normal
Feb 6, 2020 Mar 3, 2020 Mar 18, 2020 $0.153 normal
Oct 17, 2019 Dec 3, 2019 Dec 18, 2019 $0.113 normal
Jul 17, 2019 Sep 3, 2019 Sep 18, 2019 $0.113 normal
May 15, 2019 Jun 4, 2019 Jun 19, 2019 $0.113 normal
Jan 30, 2019 Mar 5, 2019 Mar 20, 2019 $0.113 normal
Oct 31, 2018 Dec 6, 2018 Dec 20, 2018 $0.087 normal
Jul 18, 2018 Sep 5, 2018 Sep 20, 2018 $0.087 normal
May 16, 2018 Jun 5, 2018 Jun 20, 2018 $0.087 normal
Jan 31, 2018 Mar 5, 2018 Mar 20, 2018 $0.087 normal
Oct 30, 2017 Dec 5, 2017 Dec 20, 2017 $0.067 normal
Jul 19, 2017 Sep 1, 2017 Sep 20, 2017 $0.067 normal
May 17, 2017 Jun 2, 2017 Jun 20, 2017 $0.067 normal
Feb 2, 2017 Mar 2, 2017 Mar 20, 2017 $0.067 normal

Dividend payouts

Payout ratio

ODFL has a payout ratio of 9.2% which is lower than the Industrials sector, the industry and its peers average.

Total amount of dividends paid per financial year (from cash flow)