Covenant Logistics Dividends
| CVLG Stock | USD 23.83 0.43 1.77% |
At this time, Covenant Logistics' Dividend Yield is most likely to increase slightly in the upcoming years. The Covenant Logistics' current Dividend Payout Ratio is estimated to increase to 0.17, while Dividends Paid is projected to decrease to roughly 5.5 M. Covenant Logistics' past performance could be the main factor of why investors trade Covenant Logistics Group, stock today. Investors should clearly understand every aspect of the Covenant Logistics dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Covenant Logistics' dividend schedule and payout information. Covenant Logistics Group, dividends can also provide a clue to the current valuation of Covenant Logistics.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 5.8 M | 5.5 M | |
| Dividend Yield | 0.01 | 0.01 | |
| Dividend Payout Ratio | 0.16 | 0.17 | |
| Dividend Paid And Capex Coverage Ratio | 0.77 | 0.55 |
Investing in dividend-paying stocks, such as Covenant Logistics Group, is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Covenant Logistics must own a stock before its ex-dividend date to receive its next dividend.
Covenant Logistics Dividends Paid Over Time
Today, most investors in Covenant Logistics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Covenant Logistics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Covenant Logistics dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
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Covenant Logistics Historical Dividend Yield Growth
A solid dividend growth pattern of Covenant Logistics could indicate future dividend growth is likely, which can signal long-term profitability for Covenant Logistics Group,. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Covenant Logistics Group, dividend as a percentage of Covenant Logistics stock price. Covenant Logistics Group, dividend yield is a measure of Covenant Logistics stock productivity, which can be interpreted as interest rate earned on an Covenant Logistics investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Covenant Logistics Dividends Paid (per share)
Dividends Paid |
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Covenant Logistics Expected Dividend Income Per Share
Dividend payment represents part of Covenant Logistics' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Covenant Logistics. Covenant Logistics' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.21 Bottom Scenario | $0.21 | $0.22 Top Scenario |
One Year
Covenant Logistics Group, expected dividend income per share adjusted for ongoing price standard deviation
Covenant Logistics Past Distributions to stockholders
| 27th of June 2025 | ||
| 28th of March 2025 | ||
| 27th of December 2024 | ||
| 27th of September 2024 | ||
| 28th of June 2024 | ||
| 29th of December 2023 | ||
| 29th of September 2023 |
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Covenant Logistics. If investors know Covenant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Covenant Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Dividend Share 0.25 | Earnings Share 1.31 | Revenue Per Share | Quarterly Revenue Growth 0.053 |
The market value of Covenant Logistics Group, is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Covenant Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Covenant Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covenant Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.