Covenant Logistics Group said its board declared a quarterly cash dividend of $0.07 per share on both Class A and Class B common stock.
The dividend is payable to stockholders of record on June 5, 2026, and is expected to be paid on June 26, 2026.
The company did not announce a change in the dividend rate from the prior quarter in the release, but it confirmed the payment is part of an existing dividend program approved by the board. As a result of these announcements, the company's shares have moved 0.47% on the market, and are now trading at a price of $34.27. For more information, read the company's full 8-K submission here.
