Summary
Old Dominion Freight Line, Inc. (ODFL) has filed an 8-K report on July 18, 2019, primarily to announce the declaration of its quarterly cash dividend. The Board of Directors approved a dividend of $0.17 per share of common stock. This dividend is scheduled to be paid on September 18, 2019, to shareholders who are on record as of the close of business on September 4, 2019. This announcement is a routine event for publicly traded companies and provides direct capital return information to shareholders.
Key Highlights
- 1ODFL's Board of Directors declared a quarterly cash dividend of $0.17 per share.
- 2The dividend payment date is September 18, 2019.
- 3Shareholders of record on September 4, 2019, will receive the dividend.
- 4This filing is an 'Other Events' disclosure (Item 8.01) and includes a press release as an exhibit (Item 9.01).
- 5The disclosed dividend reflects the company's ongoing commitment to returning capital to its shareholders.
- 6No other material business events or financial updates were disclosed in this specific filing.
Frequently Asked Questions
The primary purpose of this 8-K filing is to formally announce Old Dominion Freight Line, Inc.'s (ODFL) declaration of its quarterly cash dividend.
The quarterly dividend declared is $0.17 per share of common stock. It is scheduled to be paid on September 18, 2019.
Shareholders who are recorded in the company's records ('shareholders of record') at the close of business on September 4, 2019, will be eligible to receive the dividend.
No, this specific 8-K filing dated July 18, 2019, solely focuses on the declaration of the quarterly cash dividend. No other material business events or financial performance details are included.