Old Dominion Freight Line (ODFL) Dividend History & Yield

Old Dominion Freight Line (ODFL) has increased its dividend for 9 consecutive years and currently yields 0.57%. The most recent payment was $0.2900/share on Mar 4, 2026, paid Quarterly.

Current Yield

0.57%

TTM Dividend/Share

$1.13

Payment Frequency

Quarterly

Payout Ratio

23.0%

Consecutive Growth Years

9

Div Growth (1Y CAGR)

7.69%

Div Growth (5Y CAGR)

30.00%

Div Growth (10Y CAGR)

N/A

Dividend Safety Score

2 out of 4 checks passed

Payout ratio below 75%

Payout ratio is 23.0%, 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+).

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Mar 4, 2026

    Payment date
    Mar 18, 2026
    Dividend
    $0.2900
    Adj. dividend
    $0.2900
    Yield (ex-date)
    0.52%
  • Ex-date Dec 3, 2025

    Payment date
    Dec 17, 2025
    Dividend
    $0.2800
    Adj. dividend
    $0.2800
    Yield (ex-date)
    0.74%
  • Ex-date Sep 3, 2025

    Payment date
    Sep 17, 2025
    Dividend
    $0.2800
    Adj. dividend
    $0.2800
    Yield (ex-date)
    0.74%
  • Ex-date Jun 4, 2025

    Payment date
    Jun 18, 2025
    Dividend
    $0.2800
    Adj. dividend
    $0.2800
    Yield (ex-date)
    0.67%
  • Ex-date Mar 5, 2025

    Payment date
    Mar 19, 2025
    Dividend
    $0.2800
    Adj. dividend
    $0.2800
    Yield (ex-date)
    0.60%
  • Ex-date Dec 4, 2024

    Payment date
    Dec 18, 2024
    Dividend
    $0.2600
    Adj. dividend
    $0.2600
    Yield (ex-date)
    0.49%
  • Ex-date Sep 4, 2024

    Payment date
    Sep 18, 2024
    Dividend
    $0.2600
    Adj. dividend
    $0.2600
    Yield (ex-date)
    0.50%
  • Ex-date Jun 5, 2024

    Payment date
    Jun 19, 2024
    Dividend
    $0.2600
    Adj. dividend
    $0.2600
    Yield (ex-date)
    0.52%
  • Ex-date Mar 5, 2024

    Payment date
    Mar 20, 2024
    Dividend
    $0.5200
    Adj. dividend
    $0.2600
    Yield (ex-date)
    0.40%
  • Ex-date Dec 5, 2023

    Payment date
    Dec 20, 2023
    Dividend
    $0.4000
    Adj. dividend
    $0.2000
    Yield (ex-date)
    0.41%
  • Ex-date Sep 5, 2023

    Payment date
    Sep 20, 2023
    Dividend
    $0.4000
    Adj. dividend
    $0.2000
    Yield (ex-date)
    0.35%
  • Ex-date Jun 6, 2023

    Payment date
    Jun 21, 2023
    Dividend
    $0.4000
    Adj. dividend
    $0.2000
    Yield (ex-date)
    0.46%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 0.72%5Y: 0.47%10Y: 0.41%

Dividend Growth

CAGR (per year)1Y: 7.69%5Y: 30.00%↓ Decelerating

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.

YearPrevious DPSNew DPSChange
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.

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 0.57%.

What is Old Dominion Freight Line's dividend yield?

Old Dominion Freight Line (ODFL) has a current dividend yield of 0.57%.

Is Old Dominion Freight Line's dividend safe?

Old Dominion Freight Line (ODFL) passes 2 out of 4 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 23.0%.