Covenant Logistics Group Files 8-K

TL;DR

CLGT filed an 8-K on Nov 25 for Nov 21 events - check for material updates.

AI Summary

Covenant Logistics Group, Inc. filed an 8-K on November 25, 2024, reporting an event that occurred on November 21, 2024. The filing pertains to "Other Events" and "Financial Statements and Exhibits," indicating a significant update or disclosure from the company. Specific details regarding the nature of these events or exhibits are not provided in the provided text.

Why It Matters

This 8-K filing signifies an important update from Covenant Logistics Group, Inc. to the SEC, which could contain material information for investors and stakeholders.

Risk Assessment

Risk Level: medium — An 8-K filing indicates material events or information that could impact the company's stock price, requiring investor attention.

Key Numbers

• 001-42192 — SEC File Number (Identifies the company's filing with the SEC)
• 88-0320154 — IRS Employer Identification No. (Company's tax identification number)

Key Players & Entities

• COVENANT LOGISTICS GROUP, INC. (company) — Registrant
• 0001008886-24-000328 (filing_id) — Accession Number
• November 21, 2024 (date) — Earliest event reported
• November 25, 2024 (date) — Filing date
• 400 Birmingham Hwy, Chattanooga, TN 37419 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — e of each exchange on which registered $0.01 Par Value Class A common stock CVLG
• $0.11 — , declared a quarterly cash dividend of $0.11 per share of Class A and Class B common

Filing Documents

• form8k.htm (8-K) — 30KB
• exhibit991.htm (EX-99.1) — 7KB
• image0.jpg (GRAPHIC) — 64KB
• 0001008886-24-000328.txt ( ) — 343KB
• cvlg-20241121.xsd (EX-101.SCH) — 4KB
• cvlg-20241121_lab.xml (EX-101.LAB) — 21KB
• cvlg-20241121_pre.xml (EX-101.PRE) — 16KB
• form8k_htm.xml (XML) — 4KB

01

Item 8.01 Other Events. On November 21, 2024, the Board of Directors (the "Board") of Covenant Logistics Group, Inc., a Nevada corporation (the "Company"), declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is pursuant to a quarterly cash dividend program previously approved by the Board. The dividend is payable to stockholders of record on December 6, 2024 and is expected to be paid on December 27, 2024. A copy of the press release announcing the declaration of dividends is attached to this report as Exhibit 99.1.

01

Item 9.01

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. EXHIBIT NUMBER EXHIBIT DESCRIPTION 99.1 Covenant Logistics Group, Inc. press release dated November 25, 2024, announcing the declaration of a quarterly cash dividend. 104 Cover Page Interactive Data File. The information Items 8.01 and 9.01 of this report and the exhibit hereto maybe considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements, including, without limitation, statements relating to our declaration of quarterly dividends. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; compliance with applicable law; restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results; and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission. Please refer to the italicized paragraph at the end of the attached press release