Old Dominion Freight Line, Inc.
ODFLIndustrials · Stock · quarterly payer
Forward Yield
0.50%
Annual Dividend
$1.16
Payout Ratio
24%
5-Yr Growth
30.0%
Ex-Date
Jun 3, 2026
Frequency
Quarterly
Summary
As of July 2026, Old Dominion Freight Line, Inc. (ODFL) yields 0.50% ($1.16 per share annually), with a blended fair-value estimate of $125.38 — -46% downside, so it screens as overvalued. Dividend safety grade: A (83/100). 8 years of dividend growth.
Is ODFL a good dividend stock?
YesOld Dominion Freight Line, Inc. (ODFL) pays a quarterly dividend yielding 0.50% ($1.16/yr), with 8 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (24%)
- Strong 30.0% 5-yr dividend growth
- 62% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.50%
- Payout Ratio
- 24%
- Annual Dividend
- $1.16
- 5-Yr Avg Growth
- 30.0%
- Ex-Dividend Date
- Jun 3, 2026
- Years of Growth
- 8
- Frequency
- quarterly
- Beta
- 1.18
- Market Cap
- $48.2B
- P/E Ratio
- 48.8
- 5-Yr Total Return
- 62%
- 52-Week Range
- $126.01 – $252.03
- Dividend Safety
- A · 83/100
- Ever Cut?
- No
Frequently Asked Questions
ODFL Price — Last 12 Months
Daily close
Price Return
1 Year
+55%
3 Years
+9%
5 Years
+62%
52-Week Range
$126.01 – $252.03
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ODFL worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Old Dominion Freight Line, Inc. is $125.38 per share, versus a market price of $233.84. That implies 46% of downside.
Fair Value
$125.38
Current Price
$233.84
Downside
-46%
Margin of Safety
-87%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 16.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.2% discount rate (CAPM), 16.5% stage-1 growth, 2.5% terminal growth, $4.79 EPS, $1.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ODFL Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 3, 2026 | — | $0.2900 | regular |
| Mar 4, 2026 | — | $0.2900 | regular |
| Dec 3, 2025 | — | $0.2800 | regular |
| Sep 3, 2025 | — | $0.2800 | regular |
| Jun 4, 2025 | — | $0.2800 | regular |
| Mar 5, 2025 | — | $0.2800 | regular |
| Dec 4, 2024 | — | $0.2600 | regular |
| Sep 4, 2024 | — | $0.2600 | regular |
| Jun 5, 2024 | — | $0.2600 | regular |
| Mar 5, 2024 | — | $0.2600 | regular |
| Dec 5, 2023 | — | $0.2000 | regular |
| Sep 5, 2023 | — | $0.2000 | regular |
| Jun 6, 2023 | — | $0.2000 | regular |
| Feb 28, 2023 | — | $0.2000 | regular |
Income Calculator
At $1.16 / yr per share
