CVLG - Dividend announcements

CHATTANOOGA, Tenn., May 15, 2026 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on June 5, 2026, and is expected to be paid on June 26, 2026. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter. Abo

CHATTANOOGA, Tenn., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on March 6, 2026, and is expected to be paid on March 27, 2026. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter. Abou

CHATTANOOGA, Tenn., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on December 5, 2025, and is expected to be paid on December 26, 2025. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter.

CHATTANOOGA, Tenn., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on September 5, 2025, and is expected to be paid on September 26, 2025. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors eac

CHATTANOOGA, Tenn., May 16, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on June 6, 2025, and is expected to be paid on June 27, 2025. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter. About C

CHATTANOOGA, Tenn., Feb. 14, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on March 7, 2025, and is expected to be paid on March 28, 2025. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter.

CHATTANOOGA, Tenn., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a two-for-one stock split of Covenant's Class A common stock and Class B common stock to make Covenant's stock more accessible to investors and employees. The stock split will be effected by means of a stock dividend to the holders of record of Covenant's Class A common stock and Class B common stock as of the close of business on December 20, 2024, the record date for the dividend. As a result of the dividend, each holder of a share of Covenant's Class A common stock will receive one additional share of Cla

CHATTANOOGA, Tenn., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on December 6, 2024, and is expected to be paid on December 27, 2024. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarte

CHATTANOOGA, Tenn., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on September 6, 2024, and is expected to be paid on September 27, 2024. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarte

CHATTANOOGA, Tenn., May 17, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on June 7, 2024, and is expected to be paid on June 28, 2024. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter. About

CHATTANOOGA, Tenn., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on March 1, 2024, and is expected to be paid on March 29, 2024. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter. Ab

CHATTANOOGA, Tenn., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on December 1, 2023, and is expected to be paid on December 29, 2023. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarte

CHATTANOOGA, Tenn., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on September 1, 2023, and is expected to be paid on September 29, 2023. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quar

CHATTANOOGA, Tenn., May 22, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on June 2, 2023 and is expected to be paid on June 30, 2023. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter.

CHATTANOOGA, Tenn., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that, in connection with continued monitoring of the productivity of the Company's assets and allocation of cash, its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock, an increase to the $0.08 per share from the most recent quarter. The quarterly cash dividend is payable to stockholders of record on March 3, 2023 and is expected to be paid on March 31, 2023. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The

CHATTANOOGA, Tenn., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that on January 30, 2023, the Company's board of directors approved an amendment to the Company's stock repurchase program authorizing the purchase of up to an aggregate $55 million of the Company's Class A common stock in open market or privately negotiated transactions. The amendment added an incremental approximately $37.5 million to the approximately $17.5 million that was currently remaining under the program. The stock repurchase program does not obligate the Company to repurchase any specific number of shares and the Company may suspend or

CHATTANOOGA, Tenn., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.08 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on December 2, 2022 and is expected to be paid on December 30, 2022. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter

CHATTANOOGA, Tenn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that it has agreed to sell a California terminal for approximately $44.0 million, as well as the declaration of a quarterly cash dividend of $0.08 per share of common stock. Real Estate SaleThe Company has agreed to sell a California terminal for approximately $44.0 million in cash net of transaction costs. The buyer has paid a $2.0 million deposit on the property that is non-refundable, subject to limited exceptions. The transaction is expected to close by the end of the third quarter, subject to customary conditions. The Company expects to reco

CHATTANOOGA, Tenn., Aug. 12, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today that it has filed a universal shelf registration statement on Form S-3 with the United States Securities and Exchange Commission ("SEC") to replace a universal shelf registration statement on Form S-3 that expired in late 2021. The Company filed the shelf registration statement with the SEC to provide the Company with flexibility to access the capital markets in the future if circumstances arise that would make the sale of securities advantageous to the Company and its stockholders. The Company has no immediate plans to offer or sell any securitie

CHATTANOOGA, Tenn., May 24, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today the adoption of a $75 million Rule 10b5-1 repurchase plan. Any repurchases under the plan will be made in accordance defined trading parameters executed by the plan administrator, consistent with the plan and Rule 10b-18. The plan will commence in May of 2022 and expires June of 2023. The Rule 10b5-1 repurchase plan does not obligate the Company to repurchase any specific number of shares and the Company may suspend or terminate the plan at any time without prior notice. About Covenant Covenant Logistics Group, Inc., through its subsidi

CHATTANOOGA, Tenn., May 19, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today significant steps in the continuing execution of our capital allocation program that focuses on improving stockholder returns, as well as the declaration of quarterly cash dividend of $0.0625 per share of common stock and two management promotions. Stock Repurchase and Real Estate Sale On May 18, 2022, our board of directors approved a new stock repurchase authorization of up to $75 million following the recent completion of the previously announced $30 million 10b5-1 repurchase plan. We have agreed to sell a California terminal. The transaction

CHATTANOOGA, Tenn., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ:CVLG) ("Covenant" or the "Company") announced today the adoption of a $30 million stock repurchase program and an acquisition. Stock Repurchase ProgramOn February 10, 2022, the Company's board of directors approved a stock repurchase program authorizing the purchase of up to $30 million of the Company's Class A common stock in open market or privately negotiated transactions. The stock repurchase program does not obligate the Company to repurchase any specific number of shares and the Company may suspend or terminate the program at any time without prior notice. In conjunction, the Company adopt