Kontoor and Old Dominion Declare Quarterly Dividends

The two North Carolina-based companies announced upcoming cash dividend payments for their shareholders.

Updated on Oct. 23, 2026 in Public Companies

Isometric editorial illustration showing two industrial warehouses with loading docks, representing corporate dividend distribution. — Kontoor Brands and Old Dominion Freight Line have declared quarterly cash dividends for common stock shareholders in North Carolina. AI Illustration. Upload story photo >

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Kontoor Brands and Old Dominion Freight Line have each declared quarterly cash dividends for their common stock. Both companies maintain significant operations across North Carolina.

Why it matters

Dividends serve as a mechanism for publicly traded companies to distribute earnings directly back to their investors. These declarations provide shareholders with clarity on expected cash distributions for the final month of the year.

Kontoor Brands declared a quarterly dividend of 54 cents per share, while Old Dominion Freight Line announced a payout of 29 cents per share. These payments represent the latest scheduled distributions for the respective shareholders.

The players

Kontoor Brands

This global lifestyle apparel company is headquartered in Greensboro and operates a distribution center in Mocksville.

Old Dominion Freight Line

Based in Thomasville, this motor carrier provides regional and national less-than-truckload services.

The details

The boards of directors for both organizations approved these distributions. The companies employ thousands of workers locally, with Kontoor based in Greensboro and Old Dominion headquartered in Thomasville.

Dec. 2, 2026: Old Dominion shareholder registration deadline.
Dec. 8, 2026: Kontoor shareholder registration deadline.
Dec. 16, 2026: Old Dominion dividend payment date.
Dec. 18, 2026: Kontoor dividend payment date.

Market Landscape

These dividend declarations reflect established corporate capital allocation strategies common among major publicly traded firms. By maintaining regular payouts, both companies signal financial stability within their respective apparel and logistics sectors.

Investors holding common stock in these companies can expect dividend payments to reach their accounts in mid-December. Shareholders should ensure their registration details are current before the respective early-December deadlines to ensure timely processing.

The takeaway

Quarterly dividend declarations are key dates for income-focused investors to monitor for their portfolio planning. Investors should note the specific registration deadlines to ensure they remain eligible for the scheduled payouts.