KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. The company operates through two segments, ADESA Auctions and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. It also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession administration and remarketing, vehicle research, and analytical services, as well as data as a service. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. As of December 31, 2021, this segment had a network of approximately 70 vehicle logistics center locations in North America. The AFC segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers; and sells vehicle service contracts. The company provides wheel repair and hail catastrophe response services. It serves vehicle manufacturers, vehicle rental companies, financial institutions, commercial fleets and fleet management companies, and dealer customers. The company was formerly known as KAR Holdings, Inc. and changed its name to KAR Auction Services, Inc. in November 2009. KAR Auction Services, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
KAR Auction Services Dividend Announcement
• KAR Auction Services announced a quarterly dividend of $0.19 per ordinary share which will be made payable on 2020-04-03. Ex dividend date: 2020-03-19
• KAR Auction Services's trailing twelve-month (TTM) dividend yield is -%
• KAR Auction Services's payout ratio for the trailing twelve months (TTM) is 61.75%
KAR Auction Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-03-19 | $0.19 | quarterly | 2020-04-03 |
| 2019-12-19 | $0.19 | quarterly | 2020-01-03 |
| 2019-09-19 | $0.19 | quarterly | 2019-10-03 |
| 2019-05-31 | $0.35 | quarterly | 2019-06-17 |
| 2019-03-21 | $0.35 | quarterly | 2019-04-04 |
| 2018-12-19 | $0.35 | quarterly | 2019-01-04 |
| 2018-09-19 | $0.35 | quarterly | 2018-10-03 |
| 2018-06-20 | $0.35 | quarterly | 2018-07-05 |
| 2018-03-21 | $0.35 | quarterly | 2018-04-04 |
| 2017-12-19 | $0.35 | quarterly | 2018-01-05 |
| 2017-09-19 | $0.32 | quarterly | 2017-10-03 |
| 2017-06-19 | $0.32 | quarterly | 2017-07-06 |
| 2017-03-20 | $0.32 | quarterly | 2017-04-04 |
| 2016-12-19 | $0.32 | quarterly | 2017-01-06 |
| 2016-09-19 | $0.29 | quarterly | 2016-10-04 |
| 2016-06-20 | $0.29 | quarterly | 2016-07-05 |
| 2016-03-21 | $0.29 | quarterly | 2016-04-05 |
| 2015-12-18 | $0.27 | quarterly | 2016-01-07 |
| 2015-09-21 | $0.27 | quarterly | 2015-10-01 |
| 2015-06-22 | $0.27 | quarterly | 2015-07-02 |
| 2015-03-23 | $0.27 | quarterly | 2015-04-02 |
| 2014-12-24 | $0.27 | quarterly | 2015-01-07 |
| 2014-09-22 | $0.25 | quarterly | 2014-10-02 |
| 2014-06-23 | $0.25 | quarterly | 2014-07-03 |
| 2014-03-24 | $0.25 | quarterly | 2014-04-03 |
| 2013-12-18 | $0.25 | quarterly | 2014-01-03 |
| 2013-09-20 | $0.19 | quarterly | 2013-10-03 |
| 2013-06-20 | $0.19 | quarterly | 2013-07-03 |
| 2013-03-21 | $0.19 | quarterly | 2013-04-04 |
| 2012-12-17 | $0.19 | quarterly | 2012-12-28 |
KAR Auction Services Dividend per year
KAR Auction Services Dividend growth
KAR Auction Services Dividend Yield
KAR Auction Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing KAR Auction Services stock? Use our calculator to estimate your expected dividend yield:
KAR Auction Services Financial Ratios
P/E ratio30.59
PEG ratio15.40
P/B ratio1.66
ROE4.02%
Payout ratio61.75%
Current ratio1.08
Quick ratio1.08
Cash Ratio0.05
KAR Auction Services Dividend FAQ
How much is the next KAR Auction Services dividend?
KAR Auction Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next KAR Auction Services dividend. The next KAR Auction Services dividend will be released in March, May, September, or December.
When is KAR Auction Services dividend paid?
KAR Auction Services pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, September, and December. 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 KAR Auction Services pay?
The specific amount of KAR Auction Services 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 KAR Auction Services's dividend history.
Does KAR Auction Services stock pay dividends?
Yes, KAR Auction Services 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 KAR Auction Services's dividend history.
How much dividend does KAR Auction Services pay?
KAR Auction Services paid $0.0 in 2024, $0.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.19 in 2020.
How often does KAR Auction Services pay dividends?
KAR Auction Services typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, September, and December.
What is KAR Auction Services's dividend yield?
The current dividend yield for KAR Auction Services is -%. 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 KAR Auction Services's exact dividend yield.
When does KAR Auction Services go ex dividend?
KAR Auction Services's ex-dividend date for the latest dividend was on 2020-03-19. KAR Auction Services 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 KAR Auction Services dividend paid?
KAR Auction Services pays dividends on a quarterly basis, typically around March, May, September, or December, but the exact dates can vary each year.
Will KAR Auction Services 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 KAR Auction Services 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 KAR Auction Services dividend per share?
KAR Auction Services paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that KAR Auction Services 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 KAR Auction Services 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 KAR Auction Services 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 KAR Auction Services a dividend stock?
Yes, KAR Auction Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is KAR Auction Services a good dividend stock?
Whether KAR Auction Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. KAR Auction Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating KAR Auction Services 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 KAR Auction Services 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 KAR Auction Services pay dividends monthly?
KAR Auction Services typically pays dividends on a quarterly basis.
Does KAR Auction Services pay dividends quarterly?
KAR Auction Services currently pays dividends on a quarterly basis.
Has KAR Auction Services ever paid a dividend?
Yes, KAR Auction Services has a history of paying dividends to its shareholders. KAR Auction Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy KAR Auction Services dividend stocks?
To buy KAR Auction Services 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 KAR Auction Services 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 KAR Auction Services 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 KAR Auction Services pay dividends 2024?
KAR Auction Services pays dividends on a quarterly basis. 2024 dividend payments are in 2020-04-03. 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 KAR Auction Services increase its dividend in 2024?
Decisions regarding KAR Auction Services 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 KAR Auction Services dividend overview you can look into the above table of dividend history.
How KAR Auction Services dividend works?
The KAR Auction Services 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 KAR Auction Services's dividend process works:
1. Determination of Dividend: KAR Auction Services'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, KAR Auction Services 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, KAR Auction Services 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 KAR Auction Services 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: KAR Auction Services'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, KAR Auction Services 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, KAR Auction Services 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 KAR Auction Services 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 KAR Auction Services dividends paid?
KAR Auction Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: KAR Auction Services 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, KAR Auction Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KAR Auction Services 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: KAR Auction Services 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, KAR Auction Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KAR Auction Services 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 KAR Auction Services pay dividends?
KAR Auction Services typically pays dividends on a quarterly 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 KAR Auction Services pay dividends?
The general pattern is that KAR Auction Services pays dividends around March, May, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is KAR Auction Services dividend safe?
The safety of KAR Auction Services'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 KAR Auction Services'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 KAR Auction Services'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 KAR Auction Services'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 KAR Auction Services'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.