---
schema_version: "secwatch.filing_event.v1"
accession: "0001008886-23-000198"
form_type: "8-K"
ticker: "CVLG"
cik: "0000928658"
company_name: "COVENANT LOGISTICS GROUP, INC."
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:42:01.720964+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Covenant Logistics acquires brokerage with ~$10M revenue; declares $0.11 dividend

## Summary
- Acquired 100% equity of a specialized brokerage company on Aug 18, 2023; 2022 revenue was ~$10M.
- Total purchase price $8M to $20M depending on earnouts through 2027.
- Declared quarterly cash dividend of $0.11 per share (unchanged); payable Sep 29, record Sep 1.
- Dividend press release furnished as Exhibit 99.1; no financial statements for acquisition filed.

## SEC filing metadata
- accession: 0001008886-23-000198
- form_type: 8-K
- ticker: CVLG
- cik: 0000928658
- company_name: COVENANT LOGISTICS GROUP, INC.
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928658/000100888623000198/0001008886-23-000198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928658/000100888623000198/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001008886-23-000198
- JSON: https://secwatch.observer/filing/0001008886-23-000198.json
- Plain text: https://secwatch.observer/filing/0001008886-23-000198.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.