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carsales.com Ltd (ASX:CAR) has announced that it will be increasing its dividend on the 19th of April to AU$0.26, which will be 2.0% higher than last year. This makes the dividend yield 2.2%, which is above the industry average.
Check out our latest analysis for carsales.com
carsales.com's Payment Has Solid Earnings Coverage
If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, carsales.com was paying out 88% of earnings and more ...
>>> Read more: carsales.com (ASX:CAR) Will Pay A Larger Dividend Than Last Year At AU$0.26
Check out our latest analysis for carsales.com
carsales.com's Payment Has Solid Earnings Coverage
If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, carsales.com was paying out 88% of earnings and more ...
>>> Read more: carsales.com (ASX:CAR) Will Pay A Larger Dividend Than Last Year At AU$0.26
