8-KFiled Jul 22, 8:00 PM ET
Old Dominion Freight Line Declares Quarterly Cash Dividend $0.29
$ODFL · OLD DOMINION FREIGHT LINE, INC.Research Summary
AI-generated summary of this SEC filing
Old Dominion Freight Line Declares Quarterly Cash Dividend $0.29
What Happened
Old Dominion Freight Line, Inc. (ODFL) filed an 8‑K on July 23, 2026 announcing that its Board of Directors declared a quarterly cash dividend of $0.29 per share of common stock. The dividend is payable on September 16, 2026 to shareholders of record at the close of business on September 2, 2026. The company attached a press release dated July 23, 2026 as Exhibit 99.1.
Key Details
- Dividend amount: $0.29 per share (quarterly cash dividend)
- Record date: September 2, 2026 (close of business)
- Payable date: September 16, 2026
- Filing date: Form 8‑K filed July 23, 2026 (press release attached as Exhibit 99.1)
Why It Matters
- Income: Eligible shareholders as of the record date will receive a cash payment on the payable date, providing direct income to investors.
- Timing: Investors need to hold shares before the record date to qualify for the dividend.
- Cash flow: The dividend represents a cash outflow for the company; tracking dividend declarations helps investors assess shareholder return policy and expected cash distributions.