Old Dominion Freight Line (ODFL) Dividend History & Yield
Dividend ChallengerOld Dominion Freight Line (ODFL) has increased its dividend for 9 consecutive years and currently yields 0.54%. The most recent dividend was $0.2900/share on Mar 18, 2026, paid Quarterly.
Current Yield
0.54%
TTM Dividend/Share
$1.13
Payment Frequency
Quarterly
Payout Ratio
23.6%
Consecutive Growth Years
9 (Dividend Challenger)
Div Growth (1Y CAGR)
7.69%
Div Growth (5Y CAGR)
30.00%
Div Growth (10Y CAGR)
N/A
ODFL: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
30.5%
FCF payout ratio
6.0%
Net debt / EBITDA
-0.1x
Interest coverage
2260.25x
ROIC (TTM)
22.9%
Dividend Safety Score
4 out of 7 checks passed
Payout ratio below 75%
Payout ratio is 23.6%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($4.55) covers dividend/share ($1.13).
No dividend cuts in 9 years
1 dividend cut(s) in 9 years of data.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
9+ years of consecutive growth
N/A — only 9 years of data available (need 10+).
FCF payout ratio below 70%
FCF payout ratio is 6.0%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -0.1x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (30.0%) exceeds EPS growth (-0.2%) — payout ratio expanding.
Per-payment dividend history
Ex-date Mar 4, 2026
- Payment date
- Mar 18, 2026
- Dividend
- $0.2900
- Adj. dividend
- $0.2900
Ex-date Dec 3, 2025
- Payment date
- Dec 17, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Sep 3, 2025
- Payment date
- Sep 17, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Jun 4, 2025
- Payment date
- Jun 18, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Mar 5, 2025
- Payment date
- Mar 19, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Dec 4, 2024
- Payment date
- Dec 18, 2024
- Dividend
- $0.2600
- Adj. dividend
- $0.2600
Ex-date Sep 4, 2024
- Payment date
- Sep 18, 2024
- Dividend
- $0.2600
- Adj. dividend
- $0.2600
Ex-date Jun 5, 2024
- Payment date
- Jun 19, 2024
- Dividend
- $0.2600
- Adj. dividend
- $0.2600
Ex-date Mar 5, 2024
- Payment date
- Mar 20, 2024
- Dividend
- $0.5200
- Adj. dividend
- $0.2600
Ex-date Dec 5, 2023
- Payment date
- Dec 20, 2023
- Dividend
- $0.4000
- Adj. dividend
- $0.2000
Ex-date Sep 5, 2023
- Payment date
- Sep 20, 2023
- Dividend
- $0.4000
- Adj. dividend
- $0.2000
Ex-date Jun 6, 2023
- Payment date
- Jun 21, 2023
- Dividend
- $0.4000
- Adj. dividend
- $0.2000
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Mar 4, 2026 | Mar 18, 2026 | $0.2900 | $0.2900 |
| Dec 3, 2025 | Dec 17, 2025 | $0.2800 | $0.2800 |
| Sep 3, 2025 | Sep 17, 2025 | $0.2800 | $0.2800 |
| Jun 4, 2025 | Jun 18, 2025 | $0.2800 | $0.2800 |
| Mar 5, 2025 | Mar 19, 2025 | $0.2800 | $0.2800 |
| Dec 4, 2024 | Dec 18, 2024 | $0.2600 | $0.2600 |
| Sep 4, 2024 | Sep 18, 2024 | $0.2600 | $0.2600 |
| Jun 5, 2024 | Jun 19, 2024 | $0.2600 | $0.2600 |
| Mar 5, 2024 | Mar 20, 2024 | $0.5200 | $0.2600 |
| Dec 5, 2023 | Dec 20, 2023 | $0.4000 | $0.2000 |
| Sep 5, 2023 | Sep 20, 2023 | $0.4000 | $0.2000 |
| Jun 6, 2023 | Jun 21, 2023 | $0.4000 | $0.2000 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Old Dominion Freight Line has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 9 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.1200 | — | — |
| 2025 | $1.0400 | $1.1200 | +7.7% |
| 2024 | $0.8000 | $1.0400 | +30.0% |
| 2023 | $0.6000 | $0.8000 | +33.3% |
| 2022 | $0.4000 | $0.6000 | +50.0% |
| 2021 | $0.3017 | $0.4000 | +32.6% |
| 2020 | $0.2267 | $0.3017 | +33.1% |
| 2019 | $0.1733 | $0.2267 | +30.8% |
| 2018 | $0.1333 | $0.1733 | +30.0% |
| 2017 | — | $0.1333 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Old Dominion Freight Line (ODFL) from the consolidated cash flow statement, in USD as filed.
Latest period
$236.64M
YoY change
+5.4%
5Y CAGR
+27.1%
Peak year (2025)
$235.64M
Latest annual
$235.64M
Cash dividends paid over time for Old Dominion Freight Line (ODFL)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Old Dominion Freight Line (ODFL)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $235.64M | +5.4% | +$12.02M | ||
| 2024 | $223.62M | +27.7% | +$48.53M | ||
| 2023 | $175.09M | +30.2% | +$40.60M | ||
| 2022 | $134.48M | +45.6% | +$42.12M | ||
| 2021 | $92.37M | +30.1% | +$21.34M | ||
| 2020 | $71.02M | +30.2% | +$16.47M | ||
| 2019 | $54.55M | +28.2% | +$11.99M | ||
| 2018 | $42.57M | +29.3% | +$9.64M | ||
| 2017 | $32.92M | — | +$32.92M | ||
| 2016 | $0 | — | $0 | ||
| 2015 | $0 | — | $0 | ||
| 2014 | $0 | — | $0 | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | $0 | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | — | $0 | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | — | $0 | ||
| 2004 | $0 | — | $0 | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | — | $0 | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | $0 | ||
| 1996 | $0 | — | $0 | ||
| 1995 | $0 | — | $0 | ||
| 1994 | $0 | — | $0 | ||
| 1993 | $0 | — | $0 | ||
| 1992 | $0 | -100.0% | -$300,000 | ||
| 1991 | $300,000 | — | — |
2025's annual dividends paid for Old Dominion Freight Line (ODFL) came in at $235.64M – grew 5.4% year-over-year.
Over 2020–2025 (5 years), Old Dominion Freight Line dividends paid expanded at a +27.1% compound annual rate, sustaining 9 straight years of year-over-year growth.
Across the available history, dividends paid reached its high of $235.64M in 2025 and its low of $0 in 1992.
Within Industrials, Old Dominion Freight Line (ODFL) ranks 8th among 8 peers we track. The peer median for dividends paid is $2.23B.
Old Dominion Freight Line Dividends Paid 2025: $235.64M
Old Dominion Freight Line dividends paid in 2025 was $235.64M, grew 5.4% from 2024. This figure represents the highest annual value in the available history.
Old Dominion Freight Line Dividends Paid 2024: $223.62M
Old Dominion Freight Line dividends paid in 2024 was $223.62M, grew 27.7% from 2023.
Old Dominion Freight Line Dividends Paid 2023: $175.09M
Old Dominion Freight Line dividends paid in 2023 was $175.09M, surged 30.2% from 2022.
Old Dominion Freight Line Dividends Paid 2022: $134.48M
Old Dominion Freight Line dividends paid in 2022 was $134.48M, surged 45.6% from 2021.
Old Dominion Freight Line Dividends Paid 2021: $92.37M
Old Dominion Freight Line dividends paid in 2021 was $92.37M.
See more financial history for Old Dominion Freight Line (ODFL).
Sector peers by dividends paid
Companies in the same sector as Old Dominion Freight Line, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| RTX (RTX) | $3.57B | Industrials |
| Union Pacific (UNP) | $3.24B | Industrials |
| Honeywell International (HON) | $2.98B | Industrials |
| Caterpillar (CAT) | $2.75B | Industrials |
| Deere & Company (DE) | $1.72B | Industrials |
| Eaton Corporation (ETN) | $1.63B | Industrials |
| GE Aerospace (GE) | $1.45B | Industrials |
| Boeing (BA) | $0 | Industrials |
Frequently asked questions
Does Old Dominion Freight Line pay dividends?
Yes, Old Dominion Freight Line (ODFL) pays quarterly dividends of approximately $1.13 per share annually, yielding 0.54%.
What is Old Dominion Freight Line's dividend yield?
Old Dominion Freight Line (ODFL) has a current dividend yield of 0.54%.
Is Old Dominion Freight Line's dividend safe?
Old Dominion Freight Line (ODFL) passes 4 out of 7 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Old Dominion Freight Line increased its dividend?
Old Dominion Freight Line (ODFL) has 9 consecutive years of dividend increases.
What is Old Dominion Freight Line's dividend payout ratio?
Old Dominion Freight Line (ODFL) has a dividend payout ratio of 23.6%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Old Dominion Freight Line's dividends paid?
Latest reported dividends paid for Old Dominion Freight Line (ODFL) is $236.64M (period ending March 31, 2026).
How has Old Dominion Freight Line dividends paid changed year-over-year?
Old Dominion Freight Line (ODFL) dividends paid changed +5.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Old Dominion Freight Line dividends paid?
Old Dominion Freight Line (ODFL) dividends paid compound annual growth rate is +27.1% over the most recent 5 years available.
When did Old Dominion Freight Line dividends paid hit its highest annual value?
Old Dominion Freight Line dividends paid reached its highest annual value of $235.64M in 2025.
What was Old Dominion Freight Line dividends paid in 2024?
Old Dominion Freight Line (ODFL) dividends paid in 2024 was $223.62M.
What was Old Dominion Freight Line dividends paid in 2025?
Old Dominion Freight Line (ODFL) dividends paid in 2025 was $235.64M.
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