Old Dominion Freight Line (ODFL) Raises Quarterly Dividend 50% to $0.30; 0.5% Yield

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Old Dominion Freight Line Announces $0.30 Per Share Quarterly Cash Dividend

May 19, 2022 7:00 AM EDT

THOMASVILLE, N.C.--(BUSINESS WIRE)-- Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock, payable on June 15, 2022, to shareholders of record at the close of business on June 1, 2022. This dividend represents a 50.0% increase over the dividend paid in June 2021.

Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution the reader that such forward-looking statements involve risks and... More