Access comprehensive financial analyses and make smarter investments - get the Manual of Investments on Amazon!

Covenant Logistics Group (CVLG) Declares $0.07 Quarterly Dividend

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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS