Old Dominion Freight Line (ODFL) Declares $0.13 Quarterly Dividend; Approves $250M Buyback

Old Dominion Freight Line (NASDAQ: ODFL) declared a quarterly dividend of $0.13 per share, or $0.52 annualized.

The dividend will be payable on June 20, 2018, to stockholders of record on June 6, 2018, with an ex-dividend date of June 5, 2018.

The annual yield on the dividend is 0.4 percent.

The Company also announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $250 million of its outstanding common stock through June 2020. This new repurchase program will commence upon the expiration of the previously authorized two-year repurchase program announced on May 23, 2016.

For a dividend history and other dividend-related data on Old Dominion Freight Line (ODFL) click here.

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