Old Dominion Freight Line Dividend yield

 Price  427.37
 Dividend  1.58
 Earnings  12.53
 Cash-flow  15.37
 Book value  33.13
 Equity  33.32

Old Dominion Freight Line is part of Industrial Transportation business, which is part of Industrials industry. Old Dominion Freight Line is a company from USA, and his stocks are publicly traded.

Old Dominion Freight Line stock dividend

Old Dominion Freight Line paid a total dividend of 174 million USD last year, for a market value of 47,011 millions (Market Cap 42,081 millions). Old Dominion Freight Line dividend per share is 1.58 USD, and his stock market price 427.37 USD.

According to the chart below, where dividend yield is displayed, Old Dominion Freight Line has a dividend yield of 0.37%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Old Dominion Freight Line stocks dividend with other Industrial Transportation companies or other of the best USA dividend stocks list.

Dividend yield of Old Dominion Freight Line

Old Dominion Freight Line Dividend Payout

About the ability of Old Dominion Freight Line to maintain his current dividend of USD 1.58 per share, an amount that accounts for 0.37%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Old Dominion Freight Line payout on ernings is currently 12.61%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Old Dominion Freight Linecan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Old Dominion Freight Line is USD 15.37 per share, which is higher than the dividend per share paid by the company of USD 1.58, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Old Dominion Freight Line, compared againt world market average, USA companies, Industrials industry and Industrial Transportation sector companies.

Old Dominion Freight Line payout

Old Dominion Freight Line Dividend History

Below you will find a table with the historical evolution of Old Dominion Freight Line's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 

*In millions

Old Dominion Freight Line Stock performance

Finally, last moth Old Dominion Freight Line showed a return of 1.90% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 57.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Industrial Transportation firms.

Old Dominion Freight Line stock and market return