Dividend Information about Covenant Logistics: Everything You Need to Know Before Its Ex-Dividend Date on Sep 5, 2025

Generated by AI AgentAinvest Dividend Digest
Monday, Sep 1, 2025 10:23 pm ET1min read
Aime RobotAime Summary

- Covenant Logistics (CVLG) declared a $0.07/share dividend, payable on Sep 26, 2025, below its 10-year average of $0.09/share.

- Institutional investors like Vanguard and Schwab doubled holdings in Q1 2025, signaling confidence in the company's long-term potential.

- Despite 2.53% revenue growth to $1.13B in 2024, Wall Street Zen downgraded CVLG to "hold" due to cautious near-term outlooks.

- Mixed technical indicators (golden cross vs. death cross) highlight volatility risks, urging investors to monitor fundamentals and industry trends.

Group, Inc. (CVLG) has announced a cash dividend of $0.07 per share, with an ex-dividend date set for Sep 5, 2025. This payout, scheduled to be distributed on Sep 26, 2025, is lower than the average of the last 10 dividends, which stood at $0.09 per share. The announcement was made on Aug 12, 2025, marking the most recent dividend declaration. Notably, the previous dividend was also set at $0.07 per share and issued on Jun 27, 2025, suggesting a consistent dividend amount despite the slight decline in average payouts. Investors are advised to purchase the stock before the ex-dividend date to qualify for this dividend; shares acquired afterward will not be eligible. Over the past week, institutional activity in has increased significantly, with both Vanguard Group Inc. and Investment Management Inc. boosting their holdings by over 100% in the first quarter. Analysts indicated that this surge in institutional interest may reflect growing confidence in the company’s long-term potential. As of late, Covenant Logistics has posted $1.13 billion in annual revenue for 2024, with a modest 2.53% year-over-year growth. Despite the recent revenue expansion, Wall Street Zen has downgraded the stock from a “buy” to a “hold,” citing cautious outlooks on near-term performance. Market sentiment has also been mixed, with technical indicators showing conflicting signals: a KDJ golden cross and bullish marubozu patterns on Aug 29, 2025, suggesting upward momentum, followed by a death cross and bearish marubozu on the same day, indicating potential volatility. Investors are encouraged to closely monitor the company’s fundamentals and industry dynamics as it navigates these mixed signals. In conclusion, the upcoming ex-dividend date on Sep 5, 2025, is the final day for investors to purchase CVLG shares and receive the dividend. Those who buy the stock after this date will not be entitled to the payout.

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