Covenant Logistics Group Maintains Dividend at $0.07

By Tamara Parker • Saturday, May 16 13:01 • Permanent Link

Covenant Logistics Group declared a quarterly cash dividend of $0.07 per share on both its Class A and Class B common stock, keeping the payout unchanged from the prior quarter.

The dividend is payable June 26, 2026, to stockholders of record on June 5, 2026. The board had previously approved the cash dividend program, under which future declarations and payment dates will be set each quarter.

Covenant’s latest declaration comes as the company continues to distribute cash to shareholders while operating a transportation and logistics business that includes expedited and dedicated truckload services, plus warehousing, transportation management and freight brokerage. The market has reacted to these announcements by moving the company's shares 0.47% to a price of $34.27. Check out the company's full 8-K submission here.

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