STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.92
Forward Annual Dividend Rate
$1.04
Yield
Trailing Annual Dividend Yield
0.47%
Forward Annual Dividend Yield
0.65%
Dividend Date
Dividend Date
Dec 17, 2025
Ex-dividend Date
Dec 03, 2025
0.34 %
22.00
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 23, 2025 | 0.28 | Dec 03, 2025 | Dec 03, 2025 | Dec 17, 2025 |
| Jul 24, 2025 | 0.28 | Sep 03, 2025 | Sep 03, 2025 | Sep 17, 2025 |
| May 22, 2025 | 0.28 | Jun 04, 2025 | Jun 04, 2025 | Jun 18, 2025 |
| Feb 05, 2025 | 0.28 | Mar 05, 2025 | Mar 05, 2025 | Mar 19, 2025 |
| Oct 17, 2024 | 0.26 | Dec 04, 2024 | Dec 04, 2024 | Dec 18, 2024 |
| Jul 18, 2024 | 0.26 | Sep 04, 2024 | Sep 04, 2024 | Sep 18, 2024 |
| May 20, 2024 | 0.26 | Jun 05, 2024 | Jun 05, 2024 | Jun 19, 2024 |
| Jan 31, 2024 | 0.52 | Mar 05, 2024 | Mar 06, 2024 | Mar 20, 2024 |
| Oct 19, 2023 | 0.4 | Dec 05, 2023 | Dec 06, 2023 | Dec 20, 2023 |
| Jul 20, 2023 | 0.4 | Sep 05, 2023 | Sep 06, 2023 | Sep 20, 2023 |
| May 18, 2023 | 0.4 | Jun 06, 2023 | Jun 07, 2023 | Jun 21, 2023 |
| Feb 01, 2023 | 0.4 | Feb 28, 2023 | Mar 01, 2023 | Mar 15, 2023 |
| Oct 20, 2022 | 0.3 | Dec 06, 2022 | Dec 07, 2022 | Dec 21, 2022 |
| Jul 21, 2022 | 0.3 | Sep 06, 2022 | Sep 07, 2022 | Sep 21, 2022 |
| May 19, 2022 | 0.3 | May 31, 2022 | Jun 01, 2022 | Jun 15, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Mar 28, 2024 | 2:1 | -2.35% | +1.51% |
| Mar 25, 2020 | 3:2 | +5.90% | +2.69% |
| Sep 10, 2012 | 3:2 | -0.20% | +2.24% |
| Aug 24, 2010 | 3:2 | -1.98% | +2.29% |
| Dec 01, 2005 | 3:2 | -0.79% | -0.80% |
| May 21, 2004 | 3:2 | +0.41% | +4.08% |
| Jun 17, 2003 | 3:2 | 0 | -4.29% |
Frequently Asked Questions
Is Old Dominion Freight Line, Inc. (ODFL) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Old Dominion Freight Line, Inc. is also among the companies that regularly pay dividends.
What is ODFL's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. ODFL's annual dividend yield for the trailing 12 months is 0.47.
When did ODFL last pay a dividend?
ODFL last paid dividends on 2025-12-17, with the ex-dividend date being 2025-12-03.
When was the last time ODFL stock split?
ODFL stock split took place on 28-03-2024.
How did ODFL's stock split work?
Its last split took place on Mar 28, 2024, when Old Dominion Freight Line, Inc. went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 ODFL share(s).