Covenant Logistics Group Announces Quarterly Cash Dividend – GlobeNewswire
Covenant Logistics Group, Inc. has some exciting news for its shareholders! The company just announced that its board of directors approved a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. If you’re a stockholder as of December 6, 2024, you can look forward to receiving this dividend on December 27, 2024.
This isn’t the first time Covenant has offered a quarterly cash dividend, as it’s part of a program previously approved by the board of directors. As always, the actual declaration of future cash dividends and the dates for record and payment are determined by the board each quarter.
Covenant Logistics Group, Inc. provides transportation and logistics services across the United States. Their primary offerings include expedited and dedicated truckload capacity, warehousing, transportation management, and freight brokerage services. If you’re interested in their stock, you can find it traded on the New York Stock Exchange under the symbol “CVLG.”
While this is exciting news for shareholders, it’s important to remember that forward-looking statements come with risks and uncertainties. Factors such as cash flow, compliance with laws, and changes in tax regulations can all impact the declaration of future dividends. Make sure to review Covenant Logistics Group, Inc.’s filings with the Securities and Exchange Commission for more information.
If you want to learn more about Covenant Logistics Group, Inc., you can reach out to Paul Bunn, President, at PBunn@covenantlogistics.com or Tripp Grant, Chief Financial Officer, at TGrant@covenantlogistics.com. For general company information, connect with Brooke McKenzie, Executive Administrative Assistant, at BMcKenzie@covenantlogistics.com.
