GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Covenant Logistics Group Inc (NAS:CVLG) » Definitions » 5-Year Yield-on-Cost %

Covenant Logistics Group (Covenant Logistics Group) 5-Year Yield-on-Cost % : 0.97 (As of Apr. 27, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Covenant Logistics Group 5-Year Yield-on-Cost %?

Covenant Logistics Group's yield on cost for the quarter that ended in Dec. 2023 was 0.97.


The historical rank and industry rank for Covenant Logistics Group's 5-Year Yield-on-Cost % or its related term are showing as below:

CVLG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.25   Med: 0.82   Max: 1.06
Current: 0.97


During the past 13 years, Covenant Logistics Group's highest Yield on Cost was 1.06. The lowest was 0.25. And the median was 0.82.


CVLG's 5-Year Yield-on-Cost % is ranked worse than
86.24% of 625 companies
in the Transportation industry
Industry Median: 3.54 vs CVLG: 0.97

Competitive Comparison of Covenant Logistics Group's 5-Year Yield-on-Cost %

For the Trucking subindustry, Covenant Logistics Group's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Covenant Logistics Group's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Covenant Logistics Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Covenant Logistics Group's 5-Year Yield-on-Cost % falls into.



Covenant Logistics Group 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Covenant Logistics Group is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Covenant Logistics Group  (NAS:CVLG) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Covenant Logistics Group 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Covenant Logistics Group's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Covenant Logistics Group (Covenant Logistics Group) Business Description

Traded in Other Exchanges
Address
400 Birmingham Highway, Chattanooga, TN, USA, 37419
Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.
Executives
Joey B Hogan officer: Exec Vice President and CFO 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Wesley Miller Welborn director 6401 LEE HIGHWAY, STE B, CHATTANOOGA TN 37421
Benjamin Sr Carson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Samuel F Hough officer: EVP - Expedited 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Lynn Doster officer: EVP - Dedicated & Warehousing 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Paul Bunn officer: President, COO, and Secretary COVENANT TRANSPORTATION GROUP, INC., 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Rachel Parker-hatchett director 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Herbert J Schmidt director 1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
Grant James S Iii officer: EVP and CFO 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Joey Ballard officer: EVP, People and Safety 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
D Michael Kramer director P O BOX 868, EVANSVILLE IN 47705-0868
George S. Yates officer: SVP - Brokerage 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Tracy L. Rosser director 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Bradley A Moline director 610 BROADWAY, IMPERIAL NE 69033
Robert E Bosworth director LIVINGSTON COMPANY & SOUTHPORT CAPITAL, ONE UNION SQUARE, SUITE 300, CHATTANOOGA TN 37402

Covenant Logistics Group (Covenant Logistics Group) Headlines