CAR Group Limited (ASX:CAR) Announces Dividend Increase – $0.39 Per Share

CAR Group Limited (ASX:CARGet Free Report) declared a final dividend on Thursday, September 12th, MarketIndexAU reports. Stockholders of record on Sunday, October 13th will be given a dividend of 0.385 per share on Sunday, October 13th. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, September 12th. This is an increase from CAR Group’s previous final dividend of $0.33.

CAR Group Price Performance

The company has a debt-to-equity ratio of 45.58, a current ratio of 1.97 and a quick ratio of 1.58.

Insider Buying and Selling at CAR Group

In other CAR Group news, insider Philippa (Pip) Marlow bought 5,382 shares of the company’s stock in a transaction dated Tuesday, August 27th. The shares were acquired at an average cost of A$37.16 ($24.77) per share, with a total value of A$199,995.12 ($133,330.08). In related news, insider Susan Massasso purchased 4,662 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were purchased at an average cost of A$36.50 ($24.33) per share, with a total value of A$170,149.01 ($113,432.68). Also, insider Philippa (Pip) Marlow acquired 5,382 shares of CAR Group stock in a transaction on Tuesday, August 27th. The shares were bought at an average price of A$37.16 ($24.77) per share, for a total transaction of A$199,995.12 ($133,330.08). 5.44% of the stock is currently owned by corporate insiders.

About CAR Group

(Get Free Report)

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.

Further Reading

Dividend History for CAR Group (ASX:CAR)

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