Old Dominion Freight Line Inc. (ODFL) Dividends

Old Dominion Freight Line Inc. (ODFL): $172.49

2.97 (-1.69%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

B

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Industry: Trucking Freight

Industry

F

Ranked

#5 of 17

in industry

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 Ex-Dividend Date
ODFL Dividend Yield
0.57%
ODFL Annual Dividend
$1.04
ODFL Payout Ratio

ODFL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$172.49$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
2024-03-28Split
2024-03-05Dividend$0.26-35.00%
2023-12-05Dividend$0.40--
2023-09-05Dividend$0.40--
2023-06-06Dividend$0.40--
2023-02-28Dividend$0.40+33.33%
2022-12-06Dividend$0.30--
2022-09-06Dividend$0.30--
2022-05-31Dividend$0.30--
2022-03-01Dividend$0.30+50.00%
2021-11-30Dividend$0.20--
2021-08-31Dividend$0.20--
2021-06-01Dividend$0.20--
2021-03-02Dividend$0.20+33.33%
2020-12-01Dividend$0.15--
2020-09-01Dividend$0.15--
2020-06-02Dividend$0.15+200.00%
2020-03-25Split3-2-for-1 Stock SplitN/A
2020-03-03Dividend$0.15-10.00%
2019-12-03Dividend$0.17--
2019-09-03Dividend$0.17--
2019-06-04Dividend$0.17--
2019-03-05Dividend$0.17+30.77%
2018-12-06Dividend$0.13--
2018-09-05Dividend$0.13--
2018-06-05Dividend$0.13--
2018-03-05Dividend$0.13+30.00%
2017-12-05Dividend$0.10--
2017-09-01Dividend$0.10--
2017-06-02Dividend$0.10--
2017-03-02Dividend$0.10--
2012-09-10Split
2010-08-24Split
2005-12-01Split
2004-05-21Split
2003-06-17Split


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

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