Covenant Logistics Group Announces Quarterly Cash Dividend
Covenant Logistics Group (NYSE: CVLG) has announced a quarterly cash dividend of $0.11 per share for both Class A and Class B common stock. The dividend will be paid on September 27, 2024, to stockholders of record as of September 6, 2024. This dividend is part of an ongoing cash dividend program approved by the company's board of directors. Covenant Logistics Group offers a range of transportation and logistics services across the United States, including asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage services.
Covenant Logistics Group (NYSE: CVLG) ha annunciato un dividendo in contante trimestrale di $0.11 per azione sia per le azioni ordinarie di Classe A che di Classe B. Il dividendo sarà pagato il 27 settembre 2024 agli azionisti registrati al 6 settembre 2024. Questo dividendo fa parte di un programma di dividendi in contante approvato dal consiglio di amministrazione dell'azienda. Covenant Logistics Group offre una gamma di servizi di trasporto e logistica negli Stati Uniti, inclusi capacità di carico rapido e dedicato basato su attivi, insieme a magazzinaggio leggero, gestione dei trasporti e servizi di intermediazione merci.
Covenant Logistics Group (NYSE: CVLG) ha anunciado un dividendo en efectivo trimestral de $0.11 por acción tanto para las acciones comunes de Clase A como de Clase B. El dividendo se pagarà el 27 de septiembre de 2024, a los accionistas registrados hasta el 6 de septiembre de 2024. Este dividendo es parte de un programa de dividendos en efectivo aprobado por la junta directiva de la compañía. Covenant Logistics Group ofrece una variedad de servicios de transporte y logística en los Estados Unidos, que incluyen capacidad de carga rápida y dedicada basada en activos, así como almacenamiento basado en activos ligeros, gestión del transporte y servicios de corretaje de carga.
코벤트 물류 그룹(Covenant Logistics Group, NYSE: CVLG)이 클래스 A와 클래스 B 보통주 모두에 대해 주당 $0.11의 분기 현금 배당금을 발표했습니다. 배당금은 2024년 9월 27일에 지급되며, 2024년 9월 6일 기준 주주에게 지급됩니다. 이 배당금은 회사 이사회에서 승인된 지속적인 현금 배당 프로그램의 일환입니다. 코벤트 물류 그룹은 미국 전역에서 자산 기반의 신속 및 전담 화물 운송 능력, 자산 경량 창고, 운송 관리 및 화물 중개 서비스 등의 다양한 운송 및 물류 서비스 제공하고 있습니다.
Covenant Logistics Group (NYSE: CVLG) a annoncé un dividende trimestriel en espèces de 0,11 $ par action pour les actions ordinaires de classe A et de classe B. Le dividende sera versé le 27 septembre 2024 aux actionnaires inscrits au 6 septembre 2024. Ce dividende fait partie d'un programme de dividende en espèces en cours approuvé par le conseil d'administration de l'entreprise. Covenant Logistics Group offre une gamme de services de transport et de logistique à travers les États-Unis, y compris la capacité de chargement accélérée et dédiée basée sur des actifs, ainsi que des services d'entreposage léger, de gestion des transports et de courtage de fret.
Covenant Logistics Group (NYSE: CVLG) hat eine vierteljährliche Bardividende von $0.11 pro Aktie sowohl für die Class A- als auch für die Class B-Stammaktien angekündigt. Die Dividende wird am 27. September 2024 an die Aktionäre ausgezahlt, die am 6. September 2024 eingetragen sind. Diese Dividende ist Teil eines laufenden Bardividendenprogramms, das vom Vorstand des Unternehmens genehmigt wurde. Covenant Logistics Group bietet eine Reihe von Transport- und Logistikdienstleistungen in den Vereinigten Staaten an, einschließlich aktiver, beschleunigter und dedizierter Lkw-Kapazitäten sowie akt light Lagerhaltung, Transportmanagement und Frachtbrokerage-Dienste.
- Consistent dividend payment indicates financial stability
- Diversified portfolio of transportation and logistics services
- None.
CHATTANOOGA, Tenn., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today that its board of directors has declared a quarterly cash dividend of
The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company’s board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter.
About Covenant
Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. Primary services include asset- based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. In addition, Transport Enterprise Leasing is an affiliated company providing revenue equipment sales and leasing services to the trucking industry. Covenant's Class A common stock is traded on the New York Stock Exchange under the symbol, “CVLG.”
This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements, including, without limitation, statements relating to our declaration of quarterly dividends. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; compliance with applicable law; restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission. Readers should review and consider the factors that may affect future results and other disclosures in the Risk Factors section of Covenant Logistics Group, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2023 and various disclosures in our press releases, stockholder reports, and other filings with the Securities and Exchange Commission. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.
For further information contact:
Paul Bunn, President
PBunn@covenantlogistics.com
Tripp Grant, Chief Financial Officer
TGrant@covenantlogistics.com
For copies of Company information contact:
Brooke McKenzie, Executive Administrative Assistant
BMcKenzie@covenantlogistics.com
FAQ
What is the dividend amount for Covenant Logistics Group (CVLG) in Q3 2024?
When is the dividend payment date for Covenant Logistics Group (CVLG) in Q3 2024?
What is the record date for Covenant Logistics Group's (CVLG) Q3 2024 dividend?
What types of services does Covenant Logistics Group (CVLG) offer?
