Covenant Logistics Group Declares $0.07 Quarterly Dividend for June Pay Date
CVLG•Covenant Logistics Group’s board declared a quarterly cash dividend of $0.07 per share for Class A and Class B common stock, payable to shareholders of record on June 5, 2026, with payment set for June 26, 2026. This dividend is part of a previously approved program and remains subject to quarterly board approval.
1. Dividend Declaration
On May 15, Covenant Logistics Group’s board declared a quarterly cash dividend of $0.07 per share on both Class A and Class B common stock, payable to shareholders of record as of June 5, 2026, with payment scheduled for June 26, 2026.
2. Dividend Program and Future Outlook
This payout falls under Covenant’s established cash dividend program previously approved by the board, with future dividend declarations, record dates, and payment dates subject to quarterly board determination based on financial performance, cash flow, and legal restrictions.
3. Company Operations
Covenant Logistics Group offers a range of transportation and logistics services across the U.S., including asset-based expedited and dedicated truckload capacity, asset-light warehousing, transportation management, and freight brokerage, supported by Transport Enterprise Leasing for equipment sales and leasing.
