Old Dominion boosts dividend 7.7% to 28c per share

The Company’s Board of Directors has declared a first-quarter dividend of 28c per share, payable on March 19, to shareholders of record at the close of business on March 5. After giving effect to the company’s March 2024 two-for-one stock split, this dividend represents a 7.7% increase compared to the quarterly cash dividend paid in the first quarter of 2024.