ODFL Shares Outpaced Other Truckers Before Holiday Weekend
Old Dominion Freight Line shares rose 1.34% to $210.47 on Friday after a new dividend declaration, outperforming other transport stocks. The board approved a quarterly cash dividend of 29 cents per share, up 3.6% from last year, payable June 17. For the week, shares gained 3.6%. Shareholders also re-elected 12 directors and ratified Ernst & Young as auditor.