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On May 17, 2024, Covenant Logistics Group announced a quarterly cash dividend of $0.11 per share for both Class A and Class B common stock. This dividend is payable to shareholders on record as of June 7, 2024, and will be paid on June 28, 2024. The announcement follows a previously approved cash dividend program, but future dividends and their dates will be determined by the board each quarter. Covenant Logistics Group provides a range of transportation and logistics services across the U.S. and trades under the NASDAQ symbol CVLG.
Covenant Logistics Group, Inc. announced the appointment of Dustin Koehl as Chief Operating Officer, bringing 17 years of transportation experience to the leadership team. The move is aimed at strengthening the company's operations and sales functions, allowing for a focus on strategic initiatives and diversification.