Covenant Logistics Group Announces Quarterly Dividend of $0.07 per Share

Covenant Logistics Group has declared a quarterly cash dividend of $0.07 per share for both Class A and Class B stock. The dividend is payable on September 26, 2025, to shareholders recorded by September 5, 2025. Covenant Logistics provides transportation and logistics services across the US, including truckload capacity, warehousing, and freight brokerage services.

Covenant Logistics Group (NYSE: CVLG) has declared a quarterly cash dividend of $0.07 per share for both Class A and Class B common stock. The dividend will be paid on September 26, 2025, to shareholders of record as of September 5, 2025 [1].

The transportation and logistics company, based in Chattanooga, Tennessee, provides a range of services, including asset-based expedited and dedicated truckload capacity, warehousing, transportation management, and freight brokerage capabilities. Through its affiliate, Transport Enterprise Leasing, Covenant also offers revenue equipment sales and leasing services to the trucking industry [2].

The quarterly cash dividend is part of a previously approved dividend program established by the company’s board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates, are subject to final determination by the board each quarter [1].

This latest dividend announcement follows Covenant Logistics Group’s strong Q2 2025 earnings report, which exceeded analysts’ expectations. The company reported an earnings per share (EPS) of $0.45, surpassing the projected $0.419, and revenue of $302.85 million, exceeding the anticipated $287.25 million [2].

References:
[1] https://www.stocktitan.net/news/CVLG/covenant-logistics-group-announces-quarterly-cash-mr8ykmpkwoho.html
[2] https://www.investing.com/news/company-news/covenant-logistics-declares-007-quarterly-dividend-93CH-4196020