Karooooo Ltd. (KARO) Dividends & Splits

Karooooo Ltd. (KARO) offers dividends and splits as part of its investment strategy. Dividends are a distribution of company earnings to shareholders and are typically paid on a regular basis. The dividend yield represents the annual dividend per share divided by the stock price. It is a measure of the return on investment from dividends. The payout ratio is the percentage of earnings that are paid out as dividends. A higher payout ratio indicates that a larger proportion of earnings is being distributed to shareholders.

The dividend ex-date is the date on which an investor must own shares to be eligible for the upcoming dividend. A split is when a company divides its existing shares into multiple shares, effectively lowering the share price. The split multiple represents the ratio of new shares received for each existing share. The dividend amount per share is the monetary value of the dividend paid out for each share owned. The dividend growth rate is the average annual rate at which the dividend has increased over a certain period.