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
Ken Hall | September 9, 2020 9:28am
Can the Carsales (ASX:CAR) share price continue to outperform the market in 2021 despite challenging conditions? We take a closer look. More »
James Mickleboro | September 4, 2020 6:21am
Here's why Redbubble Ltd (ASX:RBL) and this popular ASX share have just stormed to record highs... More »
Bernd Struben | September 1, 2020 3:36pm
The Aussie dollar has gained 30% against the greenback since March. Here's why the Carsales share price could surge. More »
Ken Hall | August 25, 2020 8:42am
The Carsales.Com Ltd (ASX: CAR) share price has rocketed to a new record high but I think it still has further to run in... More »
On a day when the ASX 200 is going nowhere, these popular “coronavirus shares” are hitting record highs
James Mickleboro | August 24, 2020 3:57pm
"Coronavirus shares" such as Afterpay Ltd (ASX:APT) and NEXTDC Ltd (ASX:NXT) are racing to new record highs despite a subdued performance by the ASX... More »
Brendon Lau | August 20, 2020 4:20pm
Some ASX 200 popular stocks are starting to look overstretched and have been slapped with broker downgrades. More »
Ken Hall | August 20, 2020 9:21am
Despite hitting a new record high yesterday, I think the Carsales.Com Ltd (ASX: CAR) share price rally is just beginning in 2020... More »
Phil Harpur | August 19, 2020 3:46pm
Here we take a look at WiseTech Global and 3 other ASX tech shares surging higher today after reporting strong FY 2020 earnings. More »
Kate O'Brien | August 19, 2020 10:37am
The Carsales share price is climbing higher today after the online classifieds business revealed growth in revenue despite COVID-19. More »
Phil Harpur | August 10, 2020 12:43pm
Why I'm choosing Carsales.Com and 1 other exciting ASX tech share to buy and hold for the long term 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.