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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
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