Highest-materiality recent filing
Covenant Logistics declares $0.07 quarterly dividend; exec comp changes approved
Quarterly cash dividend of $0.07 per share, payable June 26, 2026 to holders of record June 5, 2026.
Covenant Q1 GAAP EPS $0.17 vs $0.24 YoY; adj. EPS $0.26; revenue $307M up 14%
Total revenue $307.2M (+14% YoY); freight revenue $281.9M (+15.9%) vs prior year.
Covenant Logistics declares quarterly cash dividend of $0.07 per share
Dividend of $0.07 per share on Class A and Class B common stock declared.
CEO David Parker plans to sell ~$15M of CVLG shares, ~5% of family holdings
David and Jacqueline Parker intend to dispose of ~$15M of Class A common stock via open market and charitable gifts.
GAAP diluted EPS of ($0.73) vs $0.24 prior year; adjusted EPS $0.31 vs $0.49.
Covenant Logistics approves 2026 bonus plan for executives; targets up to 150% of salary
Compensation Committee approved 2026 Senior Executive Bonus Program on Dec 16, 2025.
Covenant Logistics declares $0.07 quarterly dividend, payable Dec 26, 2025
Quarterly cash dividend of $0.07 per share declared for Class A and Class B common stock.
Covenant Logistics Q3 adjusted EPS $0.44, sees Q4 sequentially lower
Q3 adjusted EPS $0.44 per diluted share vs $0.54 a year ago; GAAP EPS $0.35 vs $0.47.
Covenant Logistics CAO resigns; declares $0.07 quarterly dividend
CAO Matisse Long resigned Aug 11, 2025; CFO Tripp Grant named principal accounting officer.
Covenant Logistics Reports Q2 2025: Record Freight Revenue $276.5M, EPS $0.36
Q2 2025 freight revenue hit all-time high of $276.5M, up 7.8% year-over-year.
Covenant Logistics approves LTI plan, increases authorized shares, declares $0.07 dividend
Comp committee approved 2025 Long-Term Incentive Plan; CEO $2.5M cash, CFO $1M, others $500K-$400K in RSUs.
Covenant Q1 adjusted EPS $0.32 (vs $0.42); revenue $269M; $50M buyback authorized
Q1 adjusted EPS $0.32 (down from $0.42 YoY); GAAP EPS $0.24; total revenue $269.4M; freight revenue $243.2M.
Covenant Logistics declares $0.07/share quarterly dividend, record date March 7
Quarterly cash dividend of $0.07 per share on Class A and Class B common stock.
Covenant Logistics Q4 2024: EPS $0.24 ($0.49 adj); net income down 47% YoY
Q4 GAAP EPS $0.24 vs $0.47 prior year; adjusted EPS $0.49 vs $0.55.
Covenant Logistics EVP Sam Hough to retire Dec 31, remain in reduced customer-focused role
Samuel F. Hough, EVP – Expedited Operations, retires effective Dec 31, 2024.
Covenant Logistics declares 2-for-1 stock split; approves 2025 executive bonus targets
2-for-1 stock split: record date Dec 20, 2024, distribution Dec 31, 2024; split-adjusted trading begins Jan 2, 2025.
Covenant Logistics declares $0.11 quarterly dividend, payable Dec 27, 2024
Dividend of $0.11 per share on Class A and Class B common stock declared.
Covenant Logistics Q3 EPS $0.94 ($1.09 adj), freight revenue +2.1%, debt down $36.6M
GAAP EPS $0.94 per diluted share ($1.09 adj); total revenue $287.9M; freight revenue $258.6M (+2.1% YoY).
Covenant Logistics declares $0.11 quarterly dividend, payable Sept 27
Quarterly cash dividend of $0.11 per share on Class A and B common stock declared.
Covenant Logistics voluntarily transfers stock listing from NASDAQ to NYSE, effective Aug 6, 2024
Class A common stock to cease trading on NASDAQ at close of market Aug 5, begin trading on NYSE at open Aug 6.
Covenant Logistics Q2 EPS $0.88 GAAP, $1.04 adjusted; freight revenue up 5.3% YoY
Q2 total revenue $287.5M, freight revenue $256.5M (+5.3% YoY); net income $12.2M ($0.88 diluted EPS) vs $12.3M ($0.91) a year ago.
Covenant Logistics raises base salaries and approves $4M in LTIP awards for executives
Base salary for M. Paul Bunn increased to $700,000; for James Grant to $425,000, effective June 24, 2024.
Covenant Logistics declares quarterly cash dividend of $0.11 per share
Board declared a quarterly cash dividend of $0.11 per share on Class A and Class B common stock.
Covenant Logistics appoints Dustin Koehl as COO effective May 13, 2024
Dustin Koehl appointed COO and principal operating officer; President M. Paul Bunn steps down from that role.
Covenant Logistics Q1 adjusted EPS $0.84; GAAP EPS $0.29 on $8.1M earnout charge
Total revenue $278.8M, freight rev ex-fuel $247.7M; adjusted operating income $14.8M (+17% YoY).
Covenant EVP Lynn Doster to retire Dec 31, 2024; will assist transition
Lynn Doster, EVP – Dedicated and Warehousing Operations, notified retirement effective Dec 31, 2024.
the board of directors of the Company (the “Board”) appointed Dustin Koehl as Chief Operating Officer, effective May 13, 2024.
M. Paul Bunn, the Company’s President, will no longer serve as principal operating officer.
On March 31, 2024, Lynn Doster notified the board of directors (the “Board”) of Covenant Logistics Group, Inc., a Nevada corporation (the “Company”) of her decision to retire from her position as Executive Vice President – Dedicated and Warehousing Operations, which won’t be effective until December 31, 2024.
Max materiality 0.80 · Median 0.50 · Most common event earnings