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
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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 Chart
ODFL Dividend History
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ODFL Dividends vs. Peers
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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