Old Dominion Freight Dividend Insight: Vital Updates Before Jun 4, 2025 Ex-Dividend Date

Old Dominion Freight Line (ODFL) has recently announced a dividend payment of $0.280 per share, set for Jun 18, 2025, with an ex-dividend date of Jun 4, 2025. This announcement came on May 22, 2025. The dividend amount is higher than the average of the last ten dividends, which stand at $0.226, indicating a positive trend in payouts. The company previously distributed a dividend of $0.280 per share on Mar 19, 2025. The dividend type is cash dividend.

Recently, Old Dominion Freight Line has been the subject of several noteworthy updates. Over the past week, the company recorded a trading volume of $465 million on May 30, 2025, representing a substantial 120.02% increase from the previous day. This surge highlights a growing investor interest and confidence in the company’s market performance. Meanwhile, Old Dominion Freight Line has strategically expanded its board by electing Debra King, an information technology executive, to its 12-member board. This move reflects the company’s focus on enhancing leadership and potentially driving innovation in its operations. In addition, recent analyses have positioned Old Dominion Freight Line as a significant player in the transportation sector, emphasizing its status as the second-largest less-than-truckload carrier in the United States. This assessment underscores its robust fundamentals and strategic market positioning, offering insights into its future potential amidst industry challenges.

In conclusion, Old Dominion Freight Line continues to demonstrate strong financial health and strategic foresight. The ex-dividend date on Jun 4, 2025, is a critical deadline for investors looking to secure the upcoming dividend. This date marks the last opportunity for purchasing shares to qualify for the dividend; any transactions made after the ex-dividend date will not be eligible for this dividend payout.