Covenant Logistics Group, Inc.
CVLGIndustrials · Stock · quarterly payer
$43.22
Add to PortfolioForward Yield
0.65%
Annual Dividend
$0.28
Payout Ratio
311%
5-Yr Growth
—
Ex-Date
Jun 5, 2026
Frequency
Quarterly
CVLG Dividend Safety Score
66/ 100
Grade B
Safe
Dividend-growth streak3 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage311% of earnings paid out
Balance-sheet strengthDebt/equity of 0.72
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is CVLG a good dividend stock?
Yes, with caveatsCovenant Logistics Group, Inc. (CVLG) pays a quarterly dividend yielding 0.65% ($0.28/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- 321% total price return over 5 years
Risks
- Elevated payout ratio (311%)
Key Data
- Dividend Yield
- 0.65%
- Payout Ratio
- 311%
- Annual Dividend
- $0.28
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 5, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 1.32
- Market Cap
- $1.1B
- P/E Ratio
- 480.2
- 5-Yr Total Return
- 321%
- 52-Week Range
- $18.00 – $43.58
- Dividend Safety
- B · 66/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 6, 2026 | — | $0.0700 | regular |
| Dec 5, 2025 | — | $0.0700 | regular |
| Sep 5, 2025 | — | $0.0700 | regular |
| Jun 6, 2025 | — | $0.0700 | regular |
| Mar 7, 2025 | — | $0.0700 | regular |
| Dec 6, 2024 | — | $0.0550 | regular |
| Sep 6, 2024 | — | $0.0550 | regular |
| Jun 7, 2024 | — | $0.0550 | regular |
| Feb 29, 2024 | — | $0.0550 | regular |
| Nov 30, 2023 | — | $0.0550 | regular |
| Aug 31, 2023 | — | $0.0550 | regular |
| Jun 1, 2023 | — | $0.0550 | regular |
| Mar 2, 2023 | — | $0.0550 | regular |
| Dec 1, 2022 | — | $0.0400 | regular |
Income Calculator
At $0.28 / yr per share
Per payment (quarterly)$7.00
Annual$28.00
Monthly avg$2.33
