Avis Budget Group, Inc.
CARAvis 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
- Consistent Payer: Avis Budget Group, Inc. has rewarded shareholders with 10 dividend payments over the past 19 years.
- Total Returned Value: Investors who held CAR shares during this period received a total of $10.83 per share in dividend income.
- Latest Payout: The most recent dividend of $10.00/share was paid 940 days ago, on December 21, 2023.
- Dividend Growth: Since 2004, the dividend payout has grown by 14185.7%, from $0.07 to $10.00.
- Dividend Reliability: CAR has maintained or increased its dividend for 10 consecutive payments.
Company News
Verra Mobility (NASDAQ: VRRM) is facing a securities class action lawsuit after CEO David Roberts resigned following the unexpected termination of a major contract with Avis Budget Group. The contract loss wiped out approximately $1.4 billion in shareholder value, with the stock plunging 70% on May 27, 2026. Hagens Berman is investigating whether...
A class action lawsuit has been filed against Verra Mobility Corporation for allegedly providing false and misleading statements regarding its relationship with Avis Budget Group. On May 26, 2026, Verra announced that Avis terminated its contract effective September 2026, which will reduce the company's 2026 annualized revenue by approximately $1...
Faruqi & Faruqi, LLP is investigating securities fraud claims against Verra Mobility Corporation, alleging the company misled investors about its relationship with Avis Budget Group and the likelihood of contract extension. After Avis terminated its contract on May 26, 2026, Verra's stock plummeted 71% from $13.08 to $3.85 per share. The firm is ...
Hagens Berman is investigating Verra Mobility Corporation following CEO David Roberts' abrupt resignation after 12 years. The investigation centers on whether executives failed to disclose the deteriorating relationship with Avis Budget Group before announcing a contract termination in May 2026. The announcement caused Verra's stock to plunge 70%...
A securities fraud class action lawsuit has been filed against Verra Mobility Corporation (VRRM) for allegedly making materially false statements about its Commercial Services business growth and Avis Budget Group contract. The company disclosed on May 26, 2026, that Avis terminated its contract, resulting in a 70.6% stock price decline. Investor...
