Covenant Logistics (CVLG) declares $0.07 quarterly dividend
Covenant Logistics Group, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share on its Class A and Class B common stock.
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Rhea-AI Filing Summary
Covenant Logistics Group, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share on its Class A and Class B common stock. The dividend will be paid to stockholders of record on December 5, 2025 and is expected to be distributed on December 26, 2025 as part of an ongoing quarterly dividend program previously approved by the Board.
The company notes that any future dividends will depend on factors such as cash flow, legal and financing restrictions, tax law changes, and overall financial performance, and that there is no assurance future dividends will be declared.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What dividend did Covenant Logistics Group (CVLG) declare?
Covenant Logistics Group declared a quarterly cash dividend of $0.07 per share on its Class A and Class B common stock.
What are the record and payment dates for Covenant Logistics Group's latest dividend?
Stockholders of record on December 5, 2025 are eligible for the dividend, which is expected to be paid on December 26, 2025.
Are future dividends from Covenant Logistics Group guaranteed?
No. The company states there can be no assurance that future dividends will be declared, as they depend on Board approval, cash flow, legal and financing restrictions, tax laws, and financial condition.
Where can investors find more details on CVLG's dividend announcement?
More details are provided in the company's press release attached as Exhibit 99.1, which discusses the declaration of the quarterly cash dividend.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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(State or other jurisdiction
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(Commission
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(IRS Employer
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Emerging growth company
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
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Item 8.01
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Other Events.
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On November 20, 2025, the Board of Directors (the “Board”) of Covenant Logistics Group, Inc., a Nevada corporation (the “Company”), declared a
quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is pursuant to a quarterly cash dividend program previously approved by the Board. The dividend is payable to stockholders of record
on December 5, 2025, and is expected to be paid on December 26, 2025.
A copy of the press release announcing the declaration of dividends is attached to this report as Exhibit 99.1.
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Item 9.01
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Financial Statements and Exhibits.
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(d)
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Exhibits.
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EXHIBIT
NUMBER
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EXHIBIT DESCRIPTION
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99.1
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Covenant Logistics Group, Inc. press release dated November 21, 2025, announcing the declaration of a quarterly cash dividend.
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104
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Cover Page Interactive Data File.
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The information Items 8.01 and 9.01 of this report and the exhibit hereto maybe considered forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of
1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements, including, without limitation, statements relating to our declaration of quarterly
dividends. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Forward-looking statements are inherently subject to risks and uncertainties, some of which
cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. There can be no assurance that future dividends
will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; compliance with applicable law;
restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results; and those risks, uncertainties, and other
factors identified from time-to-time in our filings with the Securities and Exchange Commission. Please refer to the italicized paragraph at the end of the attached press release and various disclosures by the Company in its press releases,
stockholder reports, and filings with the Securities and Exchange Commission for information concerning risks, uncertainties, and other factors that may affect future results.
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COVENANT LOGISTICS GROUP, INC.
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(Registrant)
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Date: November 21, 2025
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By:
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/s/ James S. Grant
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James S. Grant
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Executive Vice President and Chief Financial Officer
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