SmarterDividends
ODFL

Old Dominion Freight Line, Inc.

ODFL

Industrials · Stock · quarterly payer

Forward Yield

0.47%

Annual Dividend

$1.16

Payout Ratio

24%

5-Yr Growth

30.1%

Ex-Date

Jun 3, 2026

Frequency

Quarterly

ODFL Dividend Safety Score

83/ 100
Grade A

Very Safe

Dividend-growth streak8 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage24% of earnings paid out
Free-cash-flow coverage28% of free cash flow
Balance-sheet strengthDebt/equity of 0.91
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 ODFL a good dividend stock?

Yes

Old Dominion Freight Line, Inc. (ODFL) pays a quarterly dividend yielding 0.47% ($1.16/yr), with 8 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (24%)
  • Strong 30.1% 5-yr dividend growth
  • 96% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.47%
Payout Ratio
24%
Annual Dividend
$1.16
5-Yr Avg Growth
30.1%
Ex-Dividend Date
Jun 3, 2026
Years of Growth
8
Frequency
quarterly
Beta
1.18
Market Cap
$51.1B
P/E Ratio
51.3
5-Yr Total Return
96%
52-Week Range
$126.01 – $249.14
Dividend Safety
A · 83/100
Ever Cut?
No
ODFL ex-dividend date & scheduleNext ex-date Jun 3, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.16 / yr per share

Per payment (quarterly)$29.00
Annual$116.00
Monthly avg$9.67