Does Old Dominion Freight Line (ODFL) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Old Dominion Freight Line (ODFL) pays little or no dividend; like many growth-oriented companies it reinvests cash rather than paying income. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does Old Dominion Freight Line (ODFL) pay a dividend?
Old Dominion Freight Line (ODFL) currently returns little or nothing as a dividend. ODFL posted Q1 2026 revenue of about $1.33 billion, down roughly 2.9% year over year, with EPS of about $1.14 that beat estimates on firm pricing despite lower volumes. Trailing-twelve-month revenue is around $5.5 billion against roughly $1.0 billion of net income. The premium multiple (P/E near 40) reflects the market's willingness to pay up for the strongest margins and service record in LTL.
ODFL dividend at a glance
| 2026-06-03 | $0.29 |
| 2026-03-04 | $0.29 |
| 2025-12-03 | $0.28 |
| 2025-09-03 | $0.28 |
| 2025-06-04 | $0.28 |
| 2025-03-05 | $0.28 |
ODFL dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with ODFL's investor relations page before relying on it.
How to think about ODFL's dividend
- Yield is a snapshot: minimal today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like ODFL.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the ODFL dividend
Old Dominion Freight Line (ODFL) is not an income stock; if you own it, it is for growth or total return, not the dividend. For the full picture see the ODFL guide. Walnut can show how ODFL fits your real portfolio. It is not an investment adviser.
Build a basket around ODFL with Walnut
Use Old Dominion Freight Line as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does Old Dominion Freight Line (ODFL) pay a dividend?
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Old Dominion Freight Line (ODFL) pays little or no dividend; like many growth-stage companies it tends to reinvest cash rather than return it as income. Verify the current policy on ODFL's investor relations page.
What is ODFL's dividend yield?
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ODFL's yield is minimal or zero. Companies prioritizing growth often pay no dividend and return cash through buybacks instead, if at all.
How often does ODFL pay its dividend?
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US companies that pay dividends, like Old Dominion Freight Line if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on ODFL's investor relations page before relying on the timing.
Can I reinvest ODFL dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any ODFL dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is ODFL a good dividend stock?
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Walnut is informational, not investment advice. ODFL is a growth or total-return name rather than an income stock. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does ODFL pay a dividend?
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Yes. ODFL pays a growing quarterly dividend (cash dividends were about $60.5 million in Q1 2026) and also returns cash through share repurchases, funded from strong operating cash flow with essentially no net debt.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with ODFL's investor relations page or your broker.