Summary
Old Dominion Freight Line, Inc. (ODFL) announced on July 30, 2018, that its Board of Directors has declared a quarterly cash dividend. This filing, an 8-K Current Report, primarily serves to inform investors about this shareholder-friendly action. The company is maintaining its commitment to returning value to its shareholders through regular dividend payouts.
Key Highlights
- 1Declaration of a quarterly cash dividend of $0.13 per share of common stock.
- 2Dividend payment date set for September 20, 2018.
- 3Record date for the dividend is September 6, 2018, establishing eligibility for shareholders.
- 4The announcement reflects ongoing capital allocation strategy and commitment to shareholder returns.
- 5No significant operational or financial updates were disclosed in this specific filing, focusing solely on the dividend declaration.
Frequently Asked Questions
Old Dominion Freight Line, Inc. declared a quarterly cash dividend of $0.13 per share of common stock.
The dividend payment is scheduled to be made on September 20, 2018.
Shareholders of record at the close of business on September 6, 2018, will be eligible to receive this dividend payment.
No, this particular 8-K filing is solely focused on the declaration of the quarterly cash dividend and does not include other operational or financial information. The accompanying press release (Exhibit 99.1) is also dedicated to this dividend announcement.