CAR News: CAR Group (ASX:CAR) Will Pay A Larger Dividend Than Last Year At A$0.385 - 29th Aug 2024, 6:40am

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CAR Group Limited (ASX:CAR) will increase its dividend from last year's comparable payment on the 14th of October to A$0.385. This will take the dividend yield to an attractive 2.0%, providing a nice boost to shareholder returns.

View our latest analysis for CAR Group

CAR Group's Earnings Easily Cover The Distributions

If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, the company was paying out 110% of what it was earning and ...

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