Old Dominion dividend history
Old Dominion's dividend was $1.12 a share in fiscal 2025, up 7.7% on the year before. That was 23.0% of net income. It has raised its dividend per share every year since fiscal 2017, as far back as our figures go.
Dividends, buybacks and capital spending
- Buybacks (TTM)
- $545M
- Dividends (TTM)
- $238M
- Returned to shareholders
- 70%
- of free cash flow
- Buybacks, last 3 fiscal years
- $2.2B
- Diluted share count
- −1.9%
- year over year
- Total shareholder yield
- 2.1%
- dividends 0.7% + buybacks 1.5% of market value
- Dividend payout ratio
- 22%
- of net income paid out
- Days sales outstanding
- 39 days
- receivables vs revenue
Dividends by fiscal year
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share | — | $0.133 | $0.175 | $0.225 | $0.300 | $0.400 | $0.600 | $0.800 | $1.04 | $1.12 | — |
| Dividend per share growth | — | — | +31.3% | +28.6% | +33.3% | +33.3% | +50.0% | +33.3% | +30.0% | +7.7% | — |
| Dividends paid | — | 33 | 43 | 55 | 71 | 92 | 134 | 175 | 224 | 236 | 238 |
| Share buybacks | 130 | 8 | 163 | 241 | 364 | 536 | 1,277 | 454 | 967 | 730 | 545 |
| Dividends ÷ net income | — | 7.1% | 7.0% | 8.9% | 10.6% | 8.9% | 9.8% | 14.1% | 18.9% | 23.0% | 21.8% |
| Dividends ÷ free cash flow | — | 21.4% | 13.7% | 10.8% | 10.0% | 13.9% | 14.7% | 21.6% | 25.2% | 24.7% | 21.3% |
Recent dividend announcements
- Old Dominion Freight Line Announces $0.29 Per Share Quarterly Cash Dividend Source
Compare with peers
- Landstar System Inc dividends
- Schneider National, Inc. dividends
- Arcbest Corp dividends
- TFI International Inc. dividends
- Knight-swift Transportation Holdings Inc. dividends
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