Old Dominion Freight Line, Inc. (ODFL) Dividend History
Income profile from 2017 to 2026 with payout safety and yield-on-cost trend
ODFL Dividend Income Check
Safety
23.0% payout ratio with sustainable safety profile.
Consistency
10 straight years of dividend increases.
Income Trend
Yield on cost is 1.2% and trend is rising.
ODFL Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
ODFL Income Growth Story
Dividend per share and yield on cost over time (10 years of payments)
ODFL Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Old Dominion Freight Line, Inc. distributes 23.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 24.5%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
ODFL has raised its dividend for 10 consecutive years, with a 3-year CAGR of 23.1% and 5-year CAGR of 30.0%.
Total Shareholder Returns
Beyond cash dividends, ODFL returns capital through share repurchases. The combined picture: 0.6% dividend yield, 1.7% buyback yield, 2.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.2% and is currently rising. The 5-year total return is 54.6%, with dividends contributing 3.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $96,666 today.
ODFL Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 4, 2026Latest | $0.2900 | ↑ +3.6% | 52.27% | Mar 18, 2026 |
| Dec 3, 2025 | $0.2800 | — | 74.20% | Dec 17, 2025 |
| Sep 3, 2025 | $0.2800 | — | 74.27% | Sep 17, 2025 |
| Jun 4, 2025 | $0.2800 | — | 66.88% | Jun 18, 2025 |
| Mar 5, 2025 | $0.2800 | ↑ +7.7% | 60.05% | Mar 19, 2025 |
| Dec 4, 2024 | $0.2600 | — | 49.28% | Dec 18, 2024 |
| Sep 4, 2024 | $0.2600 | — | 50.09% | Sep 18, 2024 |
| Jun 5, 2024 | $0.2600 | — | 52.36% | Jun 19, 2024 |
ODFL Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $41.8B | 0.6% | 23.0% | 10 | Sustainable | |
| $2.7B | 0.4% | 18.3% | 4 | Sustainable | |
2nd | $2.2B | 1.5% | — | 5 | Unknown |
1st | $11.4B | 1.8% | 48.7% | 3 | Sustainable |
| $23.3B | 0.7% | — | 12 | Unknown | |
| $10.4B | 1.1% | 1.8% | 8 | Sustainable | |
3rd | $20.0B | 1.5% | 51.3% | 5 | Sustainable |
ODFL Annual Dividend History (1991–2026)
36 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.29 | — | 1 | — | — | — | 0.3% |
| 2025 | $1.12 | 7.7% | 4 | $4.83 | 23.2% | 4.31x | 1.2% |
| 2024 | $1.04 | 30.0% | 4 | $5.48 | 19.0% | 5.27x | 1.1% |
| 2023 | $0.80 | 33.3% | 4 | $5.63 | 14.2% | 7.04x | 0.8% |
| 2022 | $0.60 | 50.0% | 4 | $6.09 | 9.9% | 10.15x | 0.6% |
| 2021 | $0.40 | 32.6% | 4 | $4.45 | 9.0% | 11.13x | 0.4% |
| 2020 | $0.30 | 33.1% | 4 | $2.84 | 10.6% | 9.41x | 0.3% |
| 2019 | $0.23 | 30.8% | 4 | $2.55 | 8.9% | 11.25x | 0.2% |
| 2018 | $0.17 | 30.0% | 4 | $2.46 | 7.0% | 14.19x | 0.2% |
| 2017 | $0.13 | — | 4 | $1.88 | 7.1% | 14.10x | 0.1% |
Full ODFL Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See ODFL's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs ODFL Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare ODFL vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonODFL — Frequently Asked Questions
Quick answers to the most common questions about buying ODFL stock.
How much dividend does ODFL pay per share?
Old Dominion Freight Line, Inc. (ODFL) pays a trailing 12-month dividend of $1.12 per share, with a current dividend yield of +0.6%. Payments are made Annual.
When is ODFL's next ex-dividend date?
ODFL's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. ODFL typically pays dividends Annual.
Is ODFL's dividend safe?
ODFL's dividend safety is rated "Sustainable" based on an earnings payout ratio of +23.0% and FCF payout ratio of +24.5%. The 10-year growth streak provides moderate confidence.
Is ODFL a Dividend Achiever?
Yes, Old Dominion Freight Line, Inc. is classified as a Dividend Achiever with 10 consecutive years of dividend increases. The 5-year dividend CAGR is +30.0%, demonstrating above-inflation dividend growth.
How often does ODFL pay dividends?
Old Dominion Freight Line, Inc. pays dividends Annual. The trailing 12-month total is $1.12 per share. Dividend data on this page covers 9+ years from 2017 to 2026.
How much would $10,000 invested in ODFL grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in ODFL five years ago would be worth approximately $15,457 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is ODFL's yield on cost for long-term holders?
ODFL's yield on cost — the current dividend divided by the original purchase price — is +1.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.6% market yield, thanks to consistent dividend growth.