Old Dominion Freight Line Inc. (ODFL) Dividends
Dividend Yield and Dividend History Highlights
- In terms of debt burden relative to earnings, ODFL has an EBITDA to net debt ratio of 1,264,946,000, ranking above 96.77% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with ODFL's price: STAF, CL, IIVI, RMAX and LYTS.
ODFL Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $200.98 | $20.03 | -93.63% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for ODFL, the DDM model, as implemented by StockNews, implies a negative return of 93.63% relative to its current price. To help understand and contextualize the model's evaluation of ODFL, investors may wish to consider are:
- Compared to other US stocks that pay a dividend, Old Dominion Freight Line Inc produces a dividend yield 0.38% -- which falls in the bottom 3.94%.
- Regarding its relative worth based on the dividend discount model, Old Dominion Freight Line Inc's estimated return of -93.63% surpasses about 3.13% of dividend issuers we applied the dividend discount model to.
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for ODFL, approximately merely 17.39% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
ODFL Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-04 | Dividend | $0.26 | -- |
| 2024-06-05 | Dividend | $0.26 | +100.00% |
| 2024-03-28 | Split | 2-1-for-1 Stock Split | N/A |
| 2024-03-05 | Dividend | $0.26 | -35.00% |
| 2023-12-05 | Dividend | $0.40 | -- |
| 2023-09-05 | Dividend | $0.40 | -- |
| 2023-06-06 | Dividend | $0.40 | -- |
| 2023-02-28 | Dividend | $0.40 | +33.33% |
| 2022-12-06 | Dividend | $0.30 | -- |
| 2022-09-06 | Dividend | $0.30 | -- |
| 2022-05-31 | Dividend | $0.30 | -- |
| 2022-03-01 | Dividend | $0.30 | +50.00% |
| 2021-11-30 | Dividend | $0.20 | -- |
| 2021-08-31 | Dividend | $0.20 | -- |
| 2021-06-01 | Dividend | $0.20 | -- |
| 2021-03-02 | Dividend | $0.20 | +33.33% |
| 2020-12-01 | Dividend | $0.15 | -- |
| 2020-09-01 | Dividend | $0.15 | -- |
| 2020-06-02 | Dividend | $0.15 | +200.00% |
| 2020-03-25 | Split | 3-2-for-1 Stock Split | N/A |
| 2020-03-03 | Dividend | $0.15 | -10.00% |
| 2019-12-03 | Dividend | $0.17 | -- |
| 2019-09-03 | Dividend | $0.17 | -- |
| 2019-06-04 | Dividend | $0.17 | -- |
| 2019-03-05 | Dividend | $0.17 | +30.77% |
| 2018-12-06 | Dividend | $0.13 | -- |
| 2018-09-05 | Dividend | $0.13 | -- |
| 2018-06-05 | Dividend | $0.13 | -- |
| 2018-03-05 | Dividend | $0.13 | +30.00% |
| 2017-12-05 | Dividend | $0.10 | -- |
| 2017-09-01 | Dividend | $0.10 | -- |
| 2017-06-02 | Dividend | $0.10 | -- |
| 2017-03-02 | Dividend | $0.10 | -- |
| 2012-09-10 | Split | ||
| 2010-08-24 | Split | ||
| 2005-12-01 | Split | ||
| 2004-05-21 | Split | ||
| 2003-06-17 | Split |
ODFL Dividends vs. Peers
ODFL's dividend yield currently ranks #8 of 28 vs. its peers in the Trucking Freight category.
Looking for More Information on ODFL dividends?
Here are a few links from around the web to help you further your research on Old Dominion Freight Line Inc and its dividends:Old Dominion Freight Line Inc Common Stock (ODFL) Dividend History | Nasdaq
Dividend History for Old Dominion Freight Line Inc (ODFL) - Dividend Investor
Old Dominion Freight Line Inc (ODFL) Dividend History - Seeking Alpha