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[8-K] COVENANT LOGISTICS GROUP, INC. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
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.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

___________________________________________________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
 November 20, 2025

___________________________________________________________________

graphic
COVENANT LOGISTICS GROUP, INC.
(Exact name of registrant as specified in its charter)


Nevada
001-42192
88-0320154
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
  Identification No.)

400 Birmingham Hwy, Chattanooga, Tennessee
37419
(Address of principal executive offices)
(Zip Code)

(423) 821-1212
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
   
Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
$0.01 Par Value Class A common stock
CVLG
The New York Stock Exchange

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).
   
 
Emerging growth company 
   
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.   [   ]

Item 8.01
Other Events.
   
 
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.
   
Item 9.01
Financial Statements and Exhibits.
   
 
(d)
Exhibits.
     
 
EXHIBIT
NUMBER
EXHIBIT DESCRIPTION
     
 
99.1
 
Covenant Logistics Group, Inc. press release dated November 21, 2025, announcing the declaration of a quarterly cash dividend.
 
104
Cover Page Interactive Data File.
   
 
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.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
COVENANT LOGISTICS GROUP, INC.
 
(Registrant)
 
     
Date: November 21, 2025
By:
/s/ James S. Grant
   
James S. Grant
   
Executive Vice President and Chief Financial Officer

FAQ

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.

Is the $0.07 per share dividend part of an ongoing program at CVLG?

Yes. The $0.07 per share cash dividend is declared under a quarterly cash dividend program previously approved by Covenant Logistics Group's Board of Directors.

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.

Covenant Logistics Group Inc

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