Old Dominion Freight Line As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
ODFL $1.60 33.3% 50.0% 33.3%
Business yield Hike yrs 5 yr CAGR freq. paid since
Trucking 0.4% 6 35.8% Quarter 2017

Old Dominion Freight Line (ODFL) will raise its quarterly dividend by 50 percent to 30 cents per share in 2022.

This post will be updated later.

 

Old Dominion Freight Line, Inc. is a leading, less-than-truckload (“LTL”), union-free motor carrier providing regional, inter-regional and national LTL services. The company's service offerings, which include expedited transportation, are provided through an network of service centers located throughout the continental United States. Through alliances, the company also provides LTL services throughout North America. In addition to its core LTL services, Old Dominion also offers other services including container drayage, truckload brokerage and supply chain consulting. Old Dominion Freight Line became a public company in 1991 and has paid a dividend since 2017.