Old Dominion Freight Line, Inc. (ODFL) Dividend
Old Dominion Freight Line, Inc. (ODFL) currently pays a dividend yield of 0.53%, distributing $1.14 per share annually ($0.29 per quarter). The company operates in the Industrials sector.
ODFL has raised its dividend for 8 consecutive years.
ODFL dividend at a glance
| Dividend Yield | 0.53% |
|---|---|
| Annual Dividend | $1.14 per share |
| Per Payment | $0.29 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | September 3, 2026 |
| Next Payment Date | September 24, 2026 |
| Payout Ratio | 22% |
| Consecutive Years of Dividend Growth | 8 |
| Sector | Industrials |
| Implied Share Price (from yield) | $215.09 |
What ODFL pays on a $10,000 investment
At a 0.53% yield, $10,000 invested in ODFL generates about $53.00 per year, or roughly $13.25 every quarter. Share counts below use an implied price of $215.09, derived from the $1.14 annual dividend and the 0.53% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 4.6 | $5.30 | $1.33 |
| $5,000 | 23.2 | $26.50 | $6.63 |
| $10,000 | 46.5 | $53.00 | $13.25 |
| $25,000 | 116.2 | $132.50 | $33.13 |
| $100,000 | 464.9 | $530.00 | $132.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
ODFL dividend payment schedule
ODFL pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is September 3, 2026, with payment on September 24, 2026. Later rows are projected forward at the same interval and will shift when Old Dominion Freight Line, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| September 3, 2026 | September 24, 2026 | $0.29 | Confirmed |
| December 3, 2026 | December 24, 2026 | $0.29 | Projected |
| March 3, 2027 | March 24, 2027 | $0.29 | Projected |
| June 3, 2027 | June 24, 2027 | $0.29 | Projected |
To collect a ODFL dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How ODFL's dividend compares
Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. ODFL's 0.53% is 3.22 percentage points below that median, ranking 533rd of 584 by yield.
Within Industrials, where we track 52 names, the median yield is 1.21% — putting ODFL below its sector.
Its 8-year run of dividend increases ranks 154th out of the 354 names in our data with an active growth streak.
What the numbers mean
ODFL pays out roughly 22% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, ODFL distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
ODFL dividend FAQ
When is the next ODFL ex-dividend date?
The next ODFL ex-dividend date is September 3, 2026, with the payment scheduled for September 24, 2026. You must own shares before the ex-dividend date to receive that payment.
What is ODFL's dividend yield?
ODFL currently yields 0.53%, based on $1.14 in dividends per share over the past year.
How often does ODFL pay dividends?
ODFL pays quarterly, which works out to 4 payments per year of about $0.29 per share.
How much dividend income would $10,000 of ODFL generate?
At the current 0.53% yield, $10,000 invested in ODFL would produce roughly $53.00 per year, or about $13.25 per quarter, before taxes and assuming the dividend holds.
Has ODFL increased its dividend?
Yes — ODFL has raised its dividend for 8 consecutive years.
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Track ODFL dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.