Summary
Old Dominion Freight Line, Inc. (ODFL) announced on July 24, 2025, that its Board of Directors has declared a quarterly cash dividend. This dividend amounts to $0.28 per share of common stock, demonstrating the company's ongoing commitment to returning value to its shareholders. The dividend is scheduled to be paid on September 17, 2025, with a record date of September 3, 2025. This information is crucial for investors seeking to understand the company's capital allocation strategy and potential income generation from their investment in ODFL.
Key Highlights
- 1ODFL's Board of Directors declared a quarterly cash dividend of $0.28 per share.
- 2The dividend payment date is set for September 17, 2025.
- 3Shareholders of record as of September 3, 2025, will receive the dividend.
- 4This announcement signals continued profitability and a commitment to shareholder returns.
- 5The filing incorporates a press release detailing the dividend declaration as an exhibit.
Frequently Asked Questions
The Board of Directors declared a quarterly cash dividend of $0.28 per share of common stock.
The dividend payment is scheduled for September 17, 2025.
Shareholders of record at the close of business on September 3, 2025, are eligible to receive the dividend.
This announcement indicates that ODFL continues to generate sufficient profits to distribute cash to its shareholders, reflecting financial health and a commitment to shareholder value.