Avis Budget Group, Inc. (CAR)
Avis Budget Group, Inc. is a leading provider of vehicle rental and leasing services globally. It operates through brands such as Avis, Budget, and Zipcar, offering a wide range of transportation solutions for travelers, businesses, and consumers. Established in 1946, the company has expanded its footprint across numerous countries, focusing on mobility and vehicle rental services to meet diverse customer needs.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 21, 2023 | $10.00 | 2023-12-14 | 2023-12-15 |
| March 14, 2006 | $0.11 | 2006-02-23 | 2006-02-27 |
| December 13, 2005 | $0.11 | 2005-11-17 | 2005-11-21 |
| September 13, 2005 | $0.11 | 2005-08-18 | 2005-08-22 |
| June 14, 2005 | $0.09 | 2005-05-19 | 2005-05-23 |
Dividends Summary
- Avis Budget Group, Inc. has issued 10 dividend payments over the past 19 years
- The most recent dividend was paid 671 days ago, on December 21, 2023
- The highest dividend payed out to investors during this period was $10.00 per share
- The average dividend paid during this period was $1.08 per share.
Company News
BlackBird Financial achieved a 71.4% gain in the first three quarters of 2025, significantly outperforming the S&P 500's 14% return by focusing on value investing principles and maintaining a disciplined, long-term investment approach.
Avis Budget Group reported flat revenue and lower earnings in Q2, despite strategic partnerships with Waymo and launching a new premium service. The stock experienced a sell-off after missing earnings estimates.
Avis Budget Group, Inc. announced the pricing of $600 million in senior notes due 2032, which will be used for general corporate purposes including debt repayment.
BofA Securities maintained its Buy rating on Amazon.com (AMZN) with a consistent price target of $220.00. The firm highlighted Amazon's strategic approach to this year's promotions, including early access deals and discounted services, which could influence sales ahead of the upcoming Prime Day events.
A, CAR and BGS have been added to the Zacks Rank #5 (Strong Sell) List on June 7, 2024.
