KAR Auction Services, Inc ( KAR ) will begin trading ex-dividend on December 19, 2017. A cash dividend payment of $0.35 per share is scheduled to be paid on January 05, 2018. Shareholders who purchased KAR prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 9.37% increase over prior dividend payment. At the current stock price of $50.95, the dividend yield is 2.75%.
The previous trading day's last sale of KAR was $50.95, representing a -1.05% decrease from the 52 week high of $51.49 and a 26.52% increase over the 52 week low of $40.27.
KAR is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and CarMax Inc ( KMX ). KAR's current earnings per share, an indicator of a company's profitability, is $1.7. Zacks Investment Research reports KAR's forecasted earnings growth in 2017 as 14.7%, compared to an industry average of 8.6%.
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