Old Dominion Freight Line, Inc. logo
Old Dominion Freight Line, Inc. (ODFL)
Compare

ODFL Dividends

Old Dominion Freight Line, Inc. (ODFL) pays $1.14 in dividends per share, with a current dividend yield of 0.48%. The company has dividend history for 8 consecutive years.

ODFL Dividend Summary

Consecutive Years

8

Most Recent Ex-Date

Jun 3, 2026

Next Payment Date

Jun 17, 2026

ODFL Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

ODFL Dividends CAGR Chart

Old Dominion Freight Line, Inc. (ODFL)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$0.58
2025$1.12+7.69%
2024$1.04+30.00%
2023$0.80+33.33%
2022$0.60+50.00%
2021$0.40+32.60%
2020$0.30+33.09%
2019$0.23+30.77%
2018$0.17+30.00%
2017$0.13N/A

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.29+3.57%
Q1 2026$0.29+3.57%
Q4 2025$0.28+7.69%
Q3 2025$0.28+7.69%
Q2 2025$0.28+7.69%
Q1 2025$0.28+7.69%
Q4 2024$0.26+30.00%
Q3 2024$0.26+30.00%
Q2 2024$0.26+30.00%
Q1 2024$0.26+30.00%
Q4 2023$0.20+33.33%
Q3 2023$0.20+33.33%
Q2 2023$0.20+33.33%
Q1 2023$0.20+33.33%
Q4 2022$0.15+50.00%
Q3 2022$0.15+50.00%
Q2 2022$0.15+50.00%
Q1 2022$0.15+50.00%
Q4 2021$0.10+33.33%
Q3 2021$0.10+33.33%
Q2 2021$0.10+33.33%
Q1 2021$0.10+30.43%
Q4 2020$0.07+32.35%
Q3 2020$0.07+32.35%

Dividend Yield Metrics

Current Yield
0.48%
Average Yield (TTM)
0.48%
Average Yield (3Y)
0.42%
Forward Yield on Cost (3Y)
1.35%
Forward Yield on Cost (5Y)
2.69%
Forward Yield on Cost (10Y)
14.95%

Payout Ratio Analysis

Payout Ratio (Current)
23.51%
FCF Payout Ratio
23.51%
Payout Ratio (3Y Avg)
18.70%
Payout Ratio (5Y Avg)
14.97%
FCF Payout (3Y Avg)
23.80%
FCF Payout (5Y Avg)
20.03%

Dividend Coverage

Payout Ratio
23.5%
Dividends / net income
FCF Payout Ratio
23.5%
Dividends / free cash flow
Consecutive Years
8 years
Years with regular dividend payments
5Y Dividend Growth
30.0%
Compound annual dividend growth

About Old Dominion Freight Line, Inc.

Old Dominion Freight Line, Inc. (ODFL) serves as a prominent less-than-truckload (LTL) freight carrier operating across the United States and North America. The company's offerings include LTL shipping solutions at regional, inter-regional, and national levels, often featuring expedited delivery options. Furthermore, ODFL provides a variety of supplementary services, such as container drayage, truckload brokerage, and supply chain consultancy. As of December 31, 2021, its extensive infrastructure comprised 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers, supported by 3 fleet maintenance centers and 251 service facilities. Founded in 1934, Old Dominion Freight Line, Inc. has its corporate headquarters situated in Thomasville, North Carolina.

Thomasville, NC
21,817 employees
Industrials / Trucking
Sector
Industrials
Industry
Trucking
CEO
Kevin Freeman