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KAR Auction Services Inc. Dividend Announcement

(NYSE:KAR), www.karauctionservices.com

DIVIDEND ANNOUNCEMENT: KAR Auction Services Inc. (NYSE:KAR) on 08/07/2018 declared a dividend of $0.3500 per share

August 07, 2018

KAR Auction Services Inc. (NYSE:KAR) on 08/07/2018 declared a dividend of $ 0.3500 per share payable on October 03, 2018 to shareholders of record as of September 20, 2018.

KAR Auction Services Inc. (NYSE:KAR) has paid dividends since 2012, has a current dividend yield of 2.35% and has increased its dividends for 5 successive years.

KAR Auction Services Inc.'s market cap is $ 8,041,155,120 and has a PE ratio of 21.43. The stock price closed yesterday at $ 59.58 and has a 52 week low/high of $ 40.43 and $ 61.57.

KAR Auction Services is a provider of used car auction services and salvage auction services in North America and the U.K. Co. operates three business segments: ADESA Inc. Auctions, which encompasses all physical and online wholesale auctions throughout North America (U.S., Canada and Mexico); Insurance Auto Auctions, Inc., which encompasses all salvage auctions throughout North America (U.S. and Canada); and Automotive Finance Corporation, which engaged in the business of providing short-term, inventory-secured financing to independent, used vehicle dealers. As of Dec 31 2017, Co. had a North American network of 75 whole car auction locations and 175 salvage vehicle auction sites.

For more information on KAR Auction Services Inc. click here.

KAR Auction Services Inc. current dividend information as per the date of this press release is:
Dividend Declaration Date: August 07, 2018
Dividend Ex Date: September 19, 2018
Dividend Record Date: September 20, 2018
Dividend Payment Date: October 03, 2018
Dividend Amount: $ 0.3500
 
 

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