CAR News: CAR Group (ASX:CAR) Is Increasing Its Dividend To A$0.345 - 22nd Feb 2024, 7:25am

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The board of CAR Group Limited (ASX:CAR) has announced that it will be paying its dividend of A$0.345 on the 15th of April, an increased payment from last year's comparable dividend. This makes the dividend yield 2.0%, which is above the industry average.

See our latest analysis for CAR Group

CAR Group's Payment Has Solid Earnings Coverage

We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. The last dividend made up a very large portion of earnings...

>>> Read more: CAR Group (ASX:CAR) Is Increasing Its Dividend To A$0.345
 
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