Covenant Logistics (CVLG) Raises Quarterly Dividend 37.5% to $0.11; 1.3% Yield
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Covenant Logistics Group Announces Increase to Quarterly Cash Dividend
February 16, 2023 4:05 PM ESTCHATTANOOGA, Tenn., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (Covenant or the Company) announced today that, in connection with continued monitoring of the productivity of the Companys assets and allocation of cash, its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock, an increase to the $0.08 per share from the most recent quarter. The quarterly cash dividend is payable to stockholders of record on March 3, 2023 and is expected to be paid on March 31, 2023.
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