Covenant Logistics Group, Inc. (CVLG) Dividend
Dividend Analysis
Covenant Logistics Group, Inc. (CVLG) currently pays a dividend yielding 0.83%, an indicated annual rate of roughly $0.24 per share. The payout ratio is 186.81%, meaning dividends paid exceeded reported earnings over the period. Free cash flow yield is 12.92%. FCF yield compares the cash a company generates with its market value and can be read alongside the earnings-based payout ratio.
Covenant Logistics Group, Inc. pays quarterly; the payout ratio of 186.8% means the dividend currently exceeds reported earnings, which a company can sustain for a time from cash reserves or borrowing but not indefinitely; free cash flow yield of 12.92% covers the 0.83% dividend yield.
Payment schedule
Dividend income by amount invested
At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.
Yield across the 52-week range
Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.
Dividend yield against peers
Covenant Logistics Group, Inc. ranks 3 of 6 by dividend yield among these companies; 2 yield more.
Covenant Logistics Group, Inc. (CVLG) dividend — frequently asked questions
Does Covenant Logistics Group, Inc. (CVLG) pay a dividend?
Yes. Covenant Logistics Group, Inc. (CVLG) pays a dividend yielding 0.83%, an indicated annual rate of about $0.24 per share.
What is CVLG's dividend payout ratio?
The payout ratio is 186.81%, meaning dividends paid exceeded reported earnings over the period. The payout ratio is dividends paid divided by reported net income.
Popular Stocks
Related stock screens
Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.