KAR Auction Services, Inc ( KAR ) will begin trading ex-dividend on June 20, 2016. A cash dividend payment of $0.29 per share is scheduled to be paid on July 05, 2016. Shareholders who purchased KAR prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.41% increase over the same period a year ago. At the current stock price of $39.93, the dividend yield is 2.91%.
The previous trading day's last sale of KAR was $39.93, representing a -3.97% decrease from the 52 week high of $41.58 and a 26.6% increase over the 52 week low of $31.54.
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 $1.57. Zacks Investment Research reports KAR's forecasted earnings growth in 2016 as 25.88%, compared to an industry average of 7.4%.
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