Carsales.Com Ltd (ASX: CAR) Share Price and News
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Carsales.Com Ltd (CAR) is Australia’s largest online automotive, motorcycle and marine classifieds business. What many Aussies may not know, however, is that Carsales has operations and interests in a range of different automotive classifieds websites in countries across Asia and South America, making it one of the largest digital automotive advertising businesses in the world.
Together with its subsidiaries, Carsales employs over 600 people in Australia to develop leading technology and advertising solutions that drive its business around the world. Carsales’ history dates back to 1997 and the company went on to list on the ASX in 2009. Since then, Carsales shares have grown to become part of the S&P/ASX 200 Index (ASX: XJO) and have historically paid a portion of its profits back to shareholders as dividends.
Carsales.Com Ltd (ASX: CAR) Latest News
James Mickleboro | July 1, 2020 9:13am
The Carsales.Com Ltd (ASX:CAR) share price will be one to watch on Wednesday after reporting some insider selling. Here's what happened... More »
Brendon Lau | June 23, 2020 9:41am
Auto sales may have turned a corner but many brokers think Carsales.Com Ltd (ASX: CAR) is too expensive. These ASX shares may be better... More »
Brendon Lau | June 19, 2020 12:35pm
Brokers are still finding stocks to upgrade on the ASX even as the S&P/ASX 200 Index (Index:^AXJO) reattempts to break above 6,000. More »
Brendon Lau | June 18, 2020 6:00pm
The S&P/ASX 200 Index (Index:^AXJO) snapped a two-day winning streak which wasn’t helped by broker downgrades of a number of popular ASX stocks. More »
James Mickleboro | June 18, 2020 11:13am
Carsales.Com Ltd (ASX:CAR) and Pendal Group Ltd (ASX:PDL) shares are two of four that are dropping notably lower on Thursday... More »
Tristan Harrison | June 17, 2020 6:00pm
The S&P/ASX 200 Index (ASX:XJO) climbed higher by 0.8% today. One highlight was Carsales.com Ltd (ASX:CAR) revealing what it expects in FY20. More »
James Mickleboro | June 17, 2020 12:06pm
A2 Milk Company Ltd (ASX:A2M) and Carsales.Com Ltd (ASX:CAR) shares are making a splash on the ASX 200 on Wednesday. Here's why... More »
James Mickleboro | June 17, 2020 11:43am
A2 Milk Company Ltd (ASX:A2M) and Carsales.Com Ltd (ASX:CAR) shares are two of four surging higher on Wednesday. Here's why... More »
Phil Harpur | June 17, 2020 11:32am
I'm keeping an eye on Carsales.Com Ltd (ASX: CAR) following its trading update this morning. Where to now for the Carsales share price? More »
Nikhil Gangaram | May 28, 2020 2:38pm
Big changes in consumer behaviour could see ASX automotive shares receive the boost they need in 2020 and beyond. More »
Will Carsales.Com pay a dividend in 2020?
Carsales.com paid a fully franked interim dividend of 22 cents per share on 15 April 2020. Historically, the company pays its final dividend around mid-October. Carsales.com withdrew its FY20 outlook guidance on 20 March due to the impacts of COVID-19. Whilst this places some doubt over the certainty of a final dividend payment, the company has paid twice yearly dividends every year since listing in 2009.
Does Carsales.Com offer a DRP?
Yes. Carsales.com offers optional participation in its dividend reinvestment plan for all shareholders residing in Australia and New Zealand. Shareholders can elect to engage in either full or partial participation in the plan. The price at which shares are issued or transferred to participants is decided by the Board and can, at the Board’s discretion, include a discount.