CAR Group Limited operates online automotive, motorcycle, and marine classifieds business in Australia, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through Online Advertising Services; Data, Research and Services; Carsales Investments; North America; Latin America; and Asia segments. The Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements on carsales network websites for corporate customers comprising automotive manufacturers and finance companies. The Data, Research and Services segment offers software as a service, research and reporting, valuation, appraisals, and website development and hosting services, as well as photography services. The Carsales Investments segment holds investment in consumer and wholesale tyre markets, as well as provides mobility and vehicle inspection services. The North America segment operates digital non-automotive marketplaces. The Latin America segment digital automotive marketplaces. The Asia segment is involved in digital automotive classified business, as well as provides automotive data and advertising services. The company was formerly known as carsales.com Ltd and changed its name to CAR Group Limited in November 2023. CAR Group Limited was incorporated in 1996 and is headquartered in Melbourne, Australia.
CAR Dividend Announcement
• CAR announced a semi annually dividend of A$0.39 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-09-13
• CAR annual dividend for 2024 was A$0.73
• CAR annual dividend for 2023 was A$0.61
• CAR's trailing twelve-month (TTM) dividend yield is 1.81%
• CAR's payout ratio for the trailing twelve months (TTM) is 98.63%
• CAR's dividend growth over the last five years (2018-2023) was 7.68% year
• CAR's dividend growth over the last ten years (2013-2023) was 8.50% year
CAR Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | A$0.39 | semi annually | 2024-10-14 |
2024-03-15 | A$0.34 | semi annually | |
2023-09-15 | A$0.33 | semi annually | 2023-10-16 |
2023-03-17 | A$0.28 | semi annually | 2023-04-18 |
2022-09-16 | A$0.24 | semi annually | 2022-10-17 |
2022-03-18 | A$0.26 | semi annually | 2022-04-19 |
2021-09-17 | A$0.23 | semi annually | 2021-10-18 |
2021-03-23 | A$0.25 | semi annually | 2021-04-21 |
2020-09-22 | A$0.25 | semi annually | 2020-10-07 |
2020-03-18 | A$0.21 | semi annually | 2020-04-15 |
2019-09-24 | A$0.24 | semi annually | 2019-10-09 |
2019-03-19 | A$0.20 | semi annually | 2019-04-05 |
2018-09-24 | A$0.23 | semi annually | 2018-10-10 |
2018-03-22 | A$0.20 | semi annually | 2018-04-19 |
2017-09-21 | A$0.20 | semi annually | 2017-10-19 |
2017-03-23 | A$0.18 | semi annually | 2017-04-20 |
2016-09-21 | A$0.19 | semi annually | 2016-10-17 |
2016-03-23 | A$0.17 | semi annually | 2016-04-15 |
2015-09-16 | A$0.01 | semi annually | 2015-10-15 |
2015-03-23 | A$0.15 | semi annually | 2015-04-15 |
2014-09-29 | A$0.17 | semi annually | 2014-10-22 |
2014-03-05 | A$0.14 | semi annually | 2014-04-02 |
2013-09-05 | A$0.15 | semi annually | 2013-09-25 |
2013-03-21 | A$0.12 | semi annually | 2013-04-10 |
CAR Dividend per year
CAR Dividend growth
CAR Dividend Yield
CAR current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing CAR stock? Use our calculator to estimate your expected dividend yield:
CAR Financial Ratios
CAR Dividend FAQ
Other factors to consider when evaluating CAR 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.
Place an order: Use the brokerage's trading platform to place an order to buy CAR 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.
1. Determination of Dividend: CAR'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, CAR 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, CAR 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 CAR 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. Record Date: CAR 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, CAR distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CAR 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.
To assess the safety of CAR'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 CAR'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.