CVLG Dividend History & Yield

Covenant Logistics Group, Inc. · NYSE

Stock Industrials Quarterly payer
$35.25
+0.57% today
as of Sep 9, 2026
TTM yield
0.79%
$0.28/share over the last 12 months
Forward yield
0.79%
$0.28/share indicated annual rate
Annual dividend
$0.28
per share, forward
Per payment
$0.07
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 4, 2026 Estimated
in 86 days
Next pay date
Dec 18, 2026
in 100 days
Last ex-dividend date
Sep 4, 2026
$0.07 per share
Payout ratio
560%
of earnings
Market cap
894.6M
P/E 705.0
3y dividend CAGR
+11.0%
annualised (too young for 5y)
Growth streak
1 yr
consecutive annual raises
Years paying
4.5
since Mar 3, 2022
1y total return
+47.2%
price +46.1% + dividends 1.2%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Dec 4, 2026 (in 86 days) Dec 18, 2026 $0.07 $7.00 Estimated
Fri, Mar 5, 2027 (in 177 days) Mar 19, 2027 $0.07 $7.00 Estimated
Fri, Jun 4, 2027 (in 268 days) Jun 18, 2027 $0.07 $7.00 Estimated
Fri, Sep 3, 2027 (in 359 days) Sep 17, 2027 $0.07 $7.00 Estimated

Estimated dates and amounts are projected from CVLG's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.28 per share.

Dividend payment history

Last 19 payments per share. RegularSpecial

Last 19 payments per share from Mar 3, 2022 to Sep 4, 2026; most recent $0.07$0.00$0.04$0.08Mar 3, 2022: $0.0315Mar '22Jun 2, 2022: $0.0315Sep 1, 2022: $0.04Dec 1, 2022: $0.04Dec '22Mar 2, 2023: $0.055Jun 1, 2023: $0.055Aug 31, 2023: $0.055Aug '23Nov 30, 2023: $0.055Feb 29, 2024: $0.055Jun 7, 2024: $0.055Jun '24Sep 6, 2024: $0.055Dec 6, 2024: $0.055Mar 7, 2025: $0.07Mar '25Jun 6, 2025: $0.07Sep 5, 2025: $0.07Dec 5, 2025: $0.07Dec '25Mar 6, 2026: $0.07Jun 5, 2026: $0.07Sep 4, 2026: $0.07Sep '26

Annual dividends per share

Annual dividend per share by calendar year, 2022 to 2026 (year to date)$0.00$0.15$0.302022: $0.143$0.14320222023: $0.22$0.2220232024: $0.22$0.2220242025: $0.28$0.2820252026 (YTD): $0.21$0.212026 YTD

How much CVLG do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month4,286$151,071$1,200
$500 / month21,429$755,357$6,000
$1,000 / month42,858$1,510,714$12,000

Based on the forward yield of 0.79%. $10,000 in CVLG would currently pay about $79 a year ($7 a month on average). Model reinvestment and growth →

CVLG dividend history

Download CSV
Ex-datePay dateAmountChange
Sep 4, 2026 $0.07 +0.0%
Jun 5, 2026 $0.07 +0.0%
Mar 6, 2026 $0.07 +0.0%
Dec 5, 2025 $0.07 +0.0%
Sep 5, 2025 $0.07 +0.0%
Jun 6, 2025 $0.07 +0.0%
Mar 7, 2025 $0.07 +27.3%
Dec 6, 2024 $0.055 +0.0%
Sep 6, 2024 $0.055 +0.0%
Jun 7, 2024 $0.055 +0.0%
Feb 29, 2024 $0.055 +0.0%
Nov 30, 2023 $0.055 +0.0%
Aug 31, 2023 $0.055 +0.0%
Jun 1, 2023 $0.055 +0.0%
Mar 2, 2023 $0.055 +37.5%
Dec 1, 2022 $0.04 +0.0%
Sep 1, 2022 $0.04 +27.0%
Jun 2, 2022 $0.0315 +0.0%
Mar 3, 2022 $0.0315

CVLG dividend increases & cuts

Market-wide changes →

No change to CVLG's regular dividend detected in the last year of data.

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicModerate risk

CVLG scores 35/100 on our yield-trap heuristic (moderate risk).

1 warning flag raised:

  • Payout ratio above 100% of earnings

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Covenant Logistics Group, Inc.

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length using equipment either owned or leased by the company.

Sector: Industrials. Industry: Trucking. First dividend on our records: Mar 3, 2022. 19 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

CVLG dividend FAQ

When is CVLG's next ex-dividend date?

CVLG's next ex-dividend date is Dec 4, 2026 (in 86 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.07 per share, expected on Dec 18, 2026.

How often does CVLG pay dividends?

CVLG pays dividends every quarter, 4 times a year. The most recent payment was $0.07 per share with an ex-date of Sep 4, 2026.

What is CVLG's dividend yield?

CVLG's trailing 12-month dividend yield is 0.79%, based on $0.28 per share paid over the last year and a share price of $35.25. The forward yield, using the indicated annual rate of $0.28 per share, is 0.79%.

How much does CVLG pay per share?

CVLG pays about $0.07 per share each quarter, which works out to roughly $0.28 per share a year. 100 shares would collect about $28.00 a year.

Has CVLG grown or cut its dividend?

CVLG has raised its annual dividend for 1 consecutive year. Over the last 3 years the regular payout changed +11.0% a year.

How many shares of CVLG do I need to earn $100 a month?

At the current forward yield of 0.79%, you would need about 4,286 shares of CVLG (roughly $151,071 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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