Covenant Transportation Group, Inc. Class A Dividend
Covenant Transportation Group, Inc. Class A Dividend history 5 years
Dividend Analysis of the Covenant Transportation Group, Inc. Class A Stock
| Current dividend yield | 2.66 % |
| Dividendenrendite 5 Jahre | 5.83 % |
| Dividend Yield 10Y | 1.74 % |
| Payout 3Y | 7.49 % |
When does Covenant Transportation Group, Inc. Class A pay a dividend?
The Covenant Transportation Group, Inc. Class A stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Covenant Transportation Group, Inc. Class A stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, June, August and November . Dividends from Covenant Transportation Group, Inc. Class A are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.11
$0.11
|
Sep 06 2024
Sep 06 2024
Sep 27 2024
Sep 06 24
Sep 27 24 |
Sep 27 2024 |
quarterly
quarterly
|
| 2024 |
$0.11
$0.11
|
Jun 07 2024
Jun 07 2024
Jun 28 2024
Jun 07 24
Jun 28 24 |
Jun 28 2024 |
quarterly
quarterly
|
| 2024 |
$0.11
$0.11
|
Feb 29 2024
Feb 29 2024
Mar 29 2024
Feb 29 24
Mar 29 24 |
Mar 29 2024 |
quarterly
quarterly
|
| 2023 |
$0.11
$0.11
|
Nov 30 2023
Nov 30 2023
Dec 29 2023
Nov 30 23
Dec 29 23 |
Dec 29 2023 |
quarterly
quarterly
|
| 2023 |
$0.11
$0.11
|
Aug 31 2023
Aug 31 2023
Sep 29 2023
Aug 31 23
Sep 29 23 |
Sep 29 2023 |
quarterly
quarterly
|
| 2023 |
$0.11
$0.11
|
Jun 01 2023
Jun 01 2023
Jun 30 2023
Jun 01 23
Jun 30 23 |
Jun 30 2023 |
quarterly
quarterly
|
| 2023 |
$0.11
$0.11
|
Mar 02 2023
Mar 02 2023
Mar 31 2023
Mar 02 23
Mar 31 23 |
Mar 31 2023 |
quarterly
quarterly
|
| 2022 |
$0.08
$0.08
|
Dec 01 2022
Dec 01 2022
Dec 30 2022
Dec 01 22
Dec 30 22 |
Dec 30 2022 |
quarterly
quarterly
|
| 2022 |
$0.08
$0.08
|
Sep 01 2022
Sep 01 2022
Sep 30 2022
Sep 01 22
Sep 30 22 |
Sep 30 2022 |
quarterly
quarterly
|
| 2022 |
$0.0625
$0.06
|
Jun 02 2022
Jun 02 2022
Jun 24 2022
Jun 02 22
Jun 24 22 |
Jun 24 2022 |
quarterly
quarterly
|
How much dividend does Covenant Transportation Group, Inc. Class A pay?
Covenant Transportation Group, Inc. Class A most recently paid a dividend of $0.11. Covenant Transportation Group, Inc. Class A paid a Dividend of $0.44 Per Share in the financial year 2023. With a stock price of $59.20 at Nov 14 2024, the current dividend yield is 0.74% (calculation: $0.44 / $59.20 = 0.74%). No special dividend was paid.
What is the Covenant Transportation Group, Inc. Class A Dividend Yield and payout ratio?
The average Covenant Transportation Group, Inc. Class A dividend yield over the last 5 years is 0.59% and the average over the last 10 years is 0.31%.
The payout ratio of Covenant Transportation Group, Inc. Class A in relation to the last financial year is 11.03%. The payout ratio smoothed over 3 years is 4.98%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Covenant Transportation Group, Inc. Class A |
|---|---|
| Current dividend yield | 0.74% |
| Dividend Yield 5Y | 0.59% |
| Dividend Yield 10Y | 0.31% |
| Payout 1Y | 11.03% |
| Payout 3Y | 4.98% |
Is the Covenant Transportation Group, Inc. Class A dividend safe? Continuity & Dividend Growth
Is the Covenant Transportation Group, Inc. Class A dividend safe?
Covenant Transportation Group, Inc. Class A has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
The Dividend Growth in relation to the previous financial year amounts to 54.39%.
| Metric | Covenant Transportation Group, Inc. Class A |
|---|---|
| Increased | 2 Years |
| Continuity | 2 Years |
| Paid | 2 Years |
| Growth 1Y | 54.39% |
Continuity
Covenant Transportation Group, Inc. Class A has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 54.39%.
Covenant Transportation Group, Inc. Class A Stock Forecast 2024
On the stock exchange, the Covenant Transportation Group, Inc. Class A stock (ISIN: US22284P1057) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of Covenant Transportation Group, Inc. Class A 25.63% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Covenant Transportation Group, Inc. Class A stock price in real time at the top of the page.
Covenant Transportation Group, Inc. Class A (symbol: CVLG) is valued at a Price / Earnings Ratio (P/E ratio) of 19.47 and a price/sales ratio (P/S ratio) of 0.69 valued. Based on analyst estimates, the Covenant Transportation Group, Inc. Class A stock forecast 2024 of the current financial year corresponds to a valuation of 17.53 according to P/E ratio and 0.69 according to P/S.
| Metric | Covenant Transportation Group, Inc. Class A |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
25.63%
|
| P/E TTM | 19.47 |
| P/S TTM | 0.69 |
| P/E forward | 17.53 |
| P/S forward | 0.69 |
Covenant Transportation Group, Inc. Class A (symbol: CVLG) is valued at a Price / Earnings Ratio (P/E ratio) of 19.47 and a price/sales ratio (P/S ratio) of 0.69 valued. Based on analyst estimates, the Covenant Transportation Group, Inc. Class A stock forecast 2024 of the current financial year corresponds to a valuation of 17.53 according to P/E ratio and 0.69 according to P/S.
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