Covenant Logistics Declares Quarterly $0.07 Per-Share Dividend

What Happened

• Covenant Logistics Group, Inc. announced on Aug. 13, 2026 (reported in an 8-K filed Aug. 17, 2026) that its Board declared a quarterly cash dividend of $0.07 per share on both Class A and Class B common stock.
• The dividend is payable to stockholders of record on Sept. 4, 2026, and is expected to be paid on Sept. 25, 2026. The dividend is being paid under the Board’s previously approved quarterly cash dividend program.

Key Details

• Declared dividend: $0.07 per share (Class A and Class B common stock).
• Declaration date: August 13, 2026; 8-K filed August 17, 2026.
• Record date: September 4, 2026; Expected payment date: September 25, 2026.
• The company attached a press release announcing the dividend (Exhibit 99.1).

Why It Matters

• For investors, the declared cash dividend provides a near-term cash return and signals the Board’s willingness to return capital under its current dividend program.
• The filing also notes that future dividends are not guaranteed and depend on factors such as cash flow, financing restrictions, compliance with law, and the company’s financial condition — risks detailed in the company’s SEC filings.