Covenant Logistics Group Announces Quarterly Cash Dividend
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Covenant Logistics Group, Inc. (NYSE: CVLG) has declared a quarterly cash dividend of $0.11 per share for its Class A and Class B common stock, payable on December 27, 2024, to stockholders of record on December 6, 2024.
November 25, 2024 | 9:15 pm
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Covenant Logistics Group has declared a quarterly cash dividend of $0.11 per share, indicating a stable financial position and potential attractiveness to income-focused investors.
The announcement of a quarterly cash dividend suggests that Covenant Logistics Group is in a stable financial position, which is generally positive for the stock price. Dividends can attract income-focused investors, potentially increasing demand for the stock.
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