Old Dominion Freight Line (ODFL)
Old Dominion Freight Line (ODFL) is a leading less-than-truckload (LTL) carrier in the United States, specializing in regional and long-haul freight transportation. Founded in 1934, the company is known for its reliable service, extensive network, and emphasis on operational efficiency. Old Dominion has grown significantly through a combination of organic growth and strategic acquisitions, establishing a reputation for high-quality customer service in the freight industry.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 17, 2025 | $0.28 | 2025-09-03 | 2025-09-03 |
| June 18, 2025 | $0.28 | 2025-06-04 | 2025-06-04 |
| March 19, 2025 | $0.28 | 2025-03-05 | 2025-03-05 |
| December 18, 2024 | $0.26 | 2024-12-04 | 2024-12-04 |
| September 18, 2024 | $0.26 | 2024-09-04 | 2024-09-04 |
Dividends Summary
- Old Dominion Freight Line has issued 35 dividend payments over the past 8 years
- The most recent dividend was paid 35 days ago, on September 17, 2025
- The highest dividend payed out to investors during this period was $0.52 per share
- The average dividend paid during this period was $0.23 per share.
Company News
Despite high market valuations, selective stock investing remains viable. Two recommended stocks are Lululemon and Old Dominion Freight Line, which offer balanced risk-reward, while Palantir serves as a cautionary example of overvaluation.
Wall Street analysts highlight three trucking stocks - Saia, Old Dominion Freight Line, and XPO Logistics - as potentially undervalued, with significant upside potential due to current market discounts and potential benefits from trade tariffs.
Goldman Sachs maintains a Neutral rating on Old Dominion Freight Line, anticipating a decline in revenue per day and tonnage for Q2, but expects margin improvement. The analyst is awaiting updates on April revenue trends during the earnings call.
BlueGrace Logistics, a leading 3PL provider, has announced its 2024 LTL Carrier Awards, recognizing Southeastern Freight Lines as the Regional Carrier of the Year and Old Dominion Freight Line as the National Carrier of the Year for their exceptional service, reliability, and dedication to delivering value.
Stock markets ended mixed on Thursday as market participants digested economic data, indicating a potential slowdown in the labor market.
