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 September 5, 2025, and is expected to be paid on September 26, 2025.
Covenant Logistics Group, Inc. offers a portfolio 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. 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."
This dividend announcement indicates a commitment to providing returns to shareholders and reflects the company's financial performance and confidence in its future prospects. The market has reacted to these announcements by moving the company's shares -1.77% to a price of $23.83. For the full picture, make sure to review COVENANT LOGISTICS GROUP, INC.'s 8-K report.