Old Dominion announced that its board of directors has declared a quarterly cash dividend of 26c per share of common stock, payable on September 18 to shareholders of record at the close of business on September 4. After giving effect to the company’s March 2024 two-for-one stock split, this dividend payment represents a 30% increase to the quarterly cash dividend paid in September 2023.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ODFL:
- Old Dominion price target lowered to $176 from $204 at JPMorgan
- Old Dominion price target lowered to $168 from $174 at Morgan Stanley
- Disney, MicroStrategy initiated: Wall Street’s top analyst calls
- Old Dominion downgraded to In Line from Outperform at Evercore ISI
- Old Dominion price target lowered to $210 from $245 at Susquehanna