Is Covenant Logistics Group, Inc. a good dividend stock?

Covenant Logistics Group, Inc. (CVLG) is a dividend-paying stock with a current dividend yield of 0.62%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is CVLG's dividend yield?

The dividend yield for CVLG stock is currently 0.62%.

How much does CVLG pay in dividends per year?

Covenant Logistics Group, Inc. pays an annual dividend of $0.2800 per share over the trailing twelve months.

How often does CVLG pay dividends?

CVLG stock pays dividends quarterly.

Is CVLG's dividend growing?

Covenant Logistics Group, Inc.'s 3-year dividend CAGR is 13.8%.

CVLG Stock Price, Chart, Stats & News

Covenant Logistics Group, Inc.

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Overview Dividend safety Dividends Fundamentals

Covenant Logistics Group, Inc. (CVLG) is a dividend-paying stock with a current dividend yield of 0.62% as of Jun 29, 2026. It pays $0.2800 per share over the trailing twelve months and distributes quarterly.

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Market cap

42.37x

Current P/E

10.49x

Forward P/E

0.62%

Dividend yield

$0.2800

CVLG dividend

Dividend safety

Strong

Dividend coverage looks healthy — CVLG pays out about 26% of earnings.

See the safety analysis

CVLG chart

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Fundamentals

Gross margin	12.03%
Operating margin	1.19%
Pretax margin	0.48%
Net margin	0.62%
Effective tax rate	21.12%
ROA	0.66%
ROE	1.72%
D/E	0.84x
Interest coverage ratio	1.15x

All financials

CVLG valuation

P/E	42.37x
P/S	0.57x
P/B	1.65x
P/CF	5.85x
P/FCF	5.87x
P/OCF	5.85x
PEG	-1.15x
EV multiple	5.35x

About

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows.