Old Dominion Freight Line, Inc. (NASDAQ:ODFL) will begin trading ex-dividend on September 1, 2020. The quarterly dividend payment of $ 0.15 per share is scheduled to be paid on September 16, 2020. The dividend yield based on the latest trading day closing price was 0.30 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Old Dominion Freight Line, Inc. recently reported first quarter financial results on April 23, 2020, before market open, the Thomasville based company unveiled income for the first quarter of $ 1.11 per share, from the revenue of $ 987.36 million. The quarterly earnings hiked 1.83 percent while revenues fell 0.67 percent compared with the same quarter last year.
According to street consensus, ODFL was expected to report 1Q20 income of $ 1.12 per share from revenue of $ 983.08 million. The bottom line results missed street analysts by $ 0.01 or 0.89 percent, at the same time, top line results outshined analysts by $ 4.28 million or 0.44 percent.
Stock Performance
Shares of Old Dominion Freight Line, Inc. traded up $ 1.25 or 0.63 percent on Friday, reaching $ 200.32 with volume of 557.70 thousand shares. Old Dominion Freight Line, Inc. has traded high as $ 201.50 and has cracked $ 198.66 on the downward trend
According to the previous trading day, closing price of $ 200.32, representing a 88.89 % increase from the 52 week low of $ 105.39 and a 1.21 % decrease over the 52 week high of $ 201.50.
The company has a market capital of $ 23.50 billion and is part of the Industrials sector and Trucking industry.
Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation.