Summary
Old Dominion Freight Line, Inc. (ODFL) announced on October 17, 2019, through an 8-K filing, that its Board of Directors has declared a quarterly cash dividend. This dividend is set at $0.17 per share of common stock. The payment date for this dividend is December 18, 2019, with the record date for eligibility being December 4, 2019, after the close of business. This action signals continued confidence in the company's financial stability and its commitment to returning value to shareholders.
Key Highlights
- 1ODFL's Board of Directors declared a quarterly cash dividend.
- 2The dividend amount is $0.17 per share of common stock.
- 3Shareholders of record as of December 4, 2019, will receive the dividend.
- 4The payment date for the dividend is December 18, 2019.
- 5This announcement reflects the company's ongoing commitment to shareholder returns.
- 6The filing incorporates a press release dated October 17, 2019, as Exhibit 99.1.
Frequently Asked Questions
The primary purpose of this 8-K filing is to announce Old Dominion Freight Line, Inc.'s declaration of a quarterly cash dividend and to provide details regarding its payment and record dates.
The quarterly cash dividend is $0.17 per share of common stock. It is scheduled to be paid on December 18, 2019.
Shareholders who are on record with the company at the close of business on December 4, 2019, are eligible to receive this dividend.
No, this 8-K filing specifically relates to the declaration of a dividend and does not contain new financial statements or detailed operational performance data. The information is presented via a press release.