Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 10,400 locations worldwide. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.
Avis Budget Dividend Announcement
• Avis Budget announced a annually dividend of $10.00 per ordinary share which will be made payable on 2023-12-21. Ex dividend date: 2023-12-14
• Avis Budget annual dividend for 2023 was $10.00
• Avis Budget's trailing twelve-month (TTM) dividend yield is 11.08%
• Avis Budget's payout ratio for the trailing twelve months (TTM) is 89.65%
Avis Budget Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-14 | $10.00 | annually | 2023-12-21 |
| 2006-02-23 | $0.11 | annually | 2006-03-14 |
| 2005-11-17 | $0.11 | annually | 2005-12-13 |
| 2005-08-18 | $0.11 | annually | 2005-09-13 |
| 2005-05-19 | $0.09 | annually | 2005-06-14 |
| 2005-02-24 | $0.09 | annually | 2005-03-15 |
| 2005-02-01 | $1.07 | annually | |
| 2004-11-18 | $0.09 | annually | 2004-12-14 |
| 2004-08-12 | $0.09 | annually | 2004-09-14 |
| 2004-05-20 | $0.07 | annually | 2004-06-15 |
| 2004-02-19 | $0.07 | annually | 2004-03-16 |
| 1989-06-07 | $5.00 | annually | 1989-06-06 |
Avis Budget Dividend per year
Avis Budget Dividend growth
Avis Budget Dividend Yield
Avis Budget current trailing twelve-month (TTM) dividend yield is 11.08%. Interested in purchasing Avis Budget stock? Use our calculator to estimate your expected dividend yield:
Avis Budget Financial Ratios
P/E ratio8.09
PEG ratio-6.76
P/B ratio-13.46
ROE-99.50%
Payout ratio89.65%
Current ratio0.70
Quick ratio0.70
Cash Ratio0.18
Avis Budget Dividend FAQ
How much is the next Avis Budget dividend?
Avis Budget's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Avis Budget dividend. The next Avis Budget dividend will be released in .
When is Avis Budget dividend paid?
Avis Budget pays dividends on a annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Avis Budget pay?
The specific amount of Avis Budget dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Avis Budget's dividend history.
Does Avis Budget stock pay dividends?
Yes, Avis Budget does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Avis Budget's dividend history.
How much dividend does Avis Budget pay?
Avis Budget paid $0.0 in 2024, $10.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Avis Budget pay dividends?
Avis Budget typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Avis Budget's dividend yield?
The current dividend yield for Avis Budget is 11.08%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Avis Budget's exact dividend yield.
When does Avis Budget go ex dividend?
Avis Budget's ex-dividend date for the latest dividend was on 2023-12-14. Avis Budget typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Avis Budget dividend paid?
Avis Budget pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Avis Budget increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Avis Budget will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Avis Budget dividend per share?
Avis Budget paid $0.0 per share in 2024 and $10.0 per share in 2023. The amount of dividend per share that Avis Budget pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Avis Budget a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Avis Budget a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Avis Budget a dividend stock?
Yes, Avis Budget is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Avis Budget a good dividend stock?
Whether Avis Budget is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Avis Budget has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Avis Budget as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Avis Budget as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Avis Budget pay dividends monthly?
Avis Budget typically pays dividends on a annually basis.
Does Avis Budget pay dividends quarterly?
Avis Budget currently pays dividends on a annually basis.
Has Avis Budget ever paid a dividend?
Yes, Avis Budget has a history of paying dividends to its shareholders. Avis Budget is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Avis Budget dividend stocks?
To buy Avis Budget you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Avis Budget stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Avis Budget stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Avis Budget pay dividends 2024?
Avis Budget pays dividends on a annually basis. 2024 dividend payments are in 2023-12-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Avis Budget increase its dividend in 2024?
Decisions regarding Avis Budget dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Avis Budget dividend overview you can look into the above table of dividend history.
How Avis Budget dividend works?
The Avis Budget dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Avis Budget's dividend process works:
1. Determination of Dividend: Avis Budget's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Avis Budget publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Avis Budget distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Avis Budget are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Avis Budget's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Avis Budget publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Avis Budget distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Avis Budget are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Avis Budget dividends paid?
Avis Budget dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Avis Budget sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Avis Budget distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Avis Budget declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Avis Budget sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Avis Budget distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Avis Budget declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Avis Budget pay dividends?
Avis Budget typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Avis Budget pay dividends?
The general pattern is that Avis Budget pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Avis Budget dividend safe?
The safety of Avis Budget's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Avis Budget's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Avis Budget's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Avis Budget's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Avis Budget's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.