Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Covenant Logistics (CVLG) — Dividend Profile
Industrials·Trucking Freight/Courier Services
5y payment streakActiveQuarterly
Forward Yield
0.65%
@ $43.22
TTM Yield
0.65%
Forward Annual
$0.28
Quarterly
Market Cap
$1.1b
Payout (FCF)
—
-4.7x covered
Payout (Earnings)
99%
Latest Amount
$0.0700
Ex 2026-03-06
3y CAGR
-57.0%
5y CAGR
—
10y CAGR
—
Next Ex-Date
2026-06-05
Last recorded cut on or near 2025-03-07.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WatchYield Trap: Green1 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Grey (2.59)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (71.9%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
4/9 (Weak)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
No coverage
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
No coverage
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +99.8%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 17 settled events.
Median Ex-Date Drop
-0.04%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
82%
14 of 17 events recovered within 90 days
Median Recovery Time
3 days
1 – 6 days IQR
Avg Capture Yield
0.46%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (18)
Ex-Date▼AmountFrequencyPay DateType
2026-06-05$0.0700Quarterly2026-06-26recurring
2026-03-06$0.0700Quarterly2026-03-27recurring
2025-12-05$0.0700Quarterly2025-12-26recurring
2025-09-05$0.0700Quarterly2025-09-26recurring
2025-06-06$0.0700Quarterly2025-06-27recurring
2025-03-07$0.0700Quarterly2025-03-28recurring
2024-12-06$0.1100Quarterly2024-12-27recurring
2024-09-06$0.1100Quarterly2024-09-27recurring
2024-06-07$0.1100Quarterly2024-06-28recurring
2024-02-29$0.1100Quarterly2024-03-29recurring
2023-11-30$0.1100Quarterly2023-12-29recurring
2023-08-31$0.1100Quarterly2023-09-29recurring
2023-06-01$0.1100Quarterly2023-06-30recurring
2023-03-02$0.1100Quarterly2023-03-31recurring
2022-12-01$0.0800Quarterly2022-12-30recurring
2022-09-01$0.0800Quarterly2022-09-30recurring
2022-06-02$0.0625Quarterly2022-06-24recurring
2022-03-03$0.0625Quarterly2022-03-25recurring
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