Karooooo Ltd. (KARO) Dividend Analysis
Does Karooooo (KARO) pay a dividend?
Yes. Karooooo (KARO) pays a dividend: ZAR 21.98 per share over the last twelve months, a dividend yield of 2.22% at the latest close.
It has raised its dividend per share for at least 4 years in a row (every year of the history we hold), growing at 24.6% a year over the last 4 years. The payout takes about 65.2% of earnings.
Computed from company filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Fiscal year | Per share | Change |
|---|---|---|
| 2026 | ZAR 24.76 | +12.6% |
| 2025 | ZAR 21.98 | +10.7% |
| 2024 | ZAR 19.86 | +26.7% |
| 2023 | ZAR 15.67 | +52.4% |
| 2022 | ZAR 10.29 |
All 5 fiscal years we hold. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.
Dividend is covered by FCF, though with limited buffer.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (68) × 0.40 + Growth (73) × 0.35 + Income (70) × 0.25 = 70
Dividend Yield
2.22%
Per Share (TTM)
ZAR 21.98
Payout Ratio
65.2%
4Y CAGR
24.6%
Dividend Safety
Earnings Payout
65.2%
FCF Payout
36.5%
FCF Coverage
2.7x
Dividend Growth
Per Share (TTM)
ZAR 21.98
Growth Streak
4+ years
4Y CAGR
24.6%
Dividend Income
Annual DPS (TTM)
ZAR 21.98
Annual Income / $10K
$222
Payment frequency, ex-dividend and payment dates are not available from company filings. Check your broker or the company's investor relations page for the schedule.
Yield History
Karooooo (KARO) dividend: yield, safety and growth
Frequently asked
Does Karooooo (KARO) pay a dividend, and how much?+
Yes, Karooooo pays a regular dividend of about ZAR 21.98 per share per year (a yield of roughly 2.2%). That is a payout ratio of about 65.2% of earnings, so it is comfortably covered by free cash flow. A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.
Is Karooooo's dividend safe?+
Karooooo's dividend looks comfortably covered by free cash flow, with free cash flow covering the payout about 2.7 times over. Intrinsiqq scores its dividend safety at 68 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.
Has Karooooo grown its dividend?+
Karooooo has raised its dividend for at least 4 years in a row, the full span of the dividend history we hold. Over the past five years the dividend has grown at roughly 24.6% a year. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.
What is Karooooo's dividend payout ratio?+
Karooooo pays out about 65.2% of its earnings as dividends. A lower payout ratio leaves more room to keep raising the dividend and to absorb a bad year, while a very high ratio can signal a payout under pressure. On this measure the dividend is comfortably covered by free cash flow. See the dividend-safety breakdown for the free-cash-flow view, which is often more telling than earnings.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.