Covenant Logistics Group, Inc. (NYSE: CVLG) has announced a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. This dividend is payable to stockholders of record on June 6, 2025, and is expected to be paid on June 27, 2025.
Covenant Logistics Group, Inc. offers a range of transportation and logistics services throughout the United States, including asset-based expedited and dedicated truckload capacity, asset-light warehousing, transportation management, and freight brokerage capability. Additionally, Transport Enterprise Leasing, an affiliated company, provides revenue equipment sales and leasing services to the trucking industry.
The company's Class A common stock is traded on the New York Stock Exchange under the symbol "CVLG."
It's important to note that the actual declaration of future cash dividends, as well as the establishment of record and payment dates, is subject to final determination by the board of directors each quarter. As a result of these announcements, the company's shares have moved -0.64% on the market, and are now trading at a price of $23.23. If you want to know more, read the company's complete 8-K report here.
