Karooooo Ltd. Ordinary Shares
KAROKarooooo Ltd. is a technology company that provides vehicle telematics, fleet management, and driver behavior solutions. The company leverages data analytics and IoT technology to help businesses optimize fleet operations, improve safety, and reduce costs. Its offerings are used across various industries, including transportation, logistics, and field services.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 22, 2025 | $1.25 | 2025-08-15 | 2025-08-15 |
| August 14, 2024 | $1.08 | 2024-08-08 | 2024-08-08 |
| July 3, 2023 | $0.85 | 2023-06-22 | 2023-06-23 |
| September 12, 2022 | $0.60 | 2022-09-01 | 2022-09-02 |
Dividends Summary
- Consistent Payer: Karooooo Ltd. Ordinary Shares has rewarded shareholders with 4 dividend payments over the past 3 years.
- Total Returned Value: Investors who held KARO shares during this period received a total of $3.78 per share in dividend income.
- Latest Payout: The most recent dividend of $1.25/share was paid 154 days ago, on August 22, 2025.
- Yield & Schedule: KARO currently pays dividends yearly with an annual yield of 2.58%.
- Dividend Growth: Since 2022, the dividend payout has grown by 108.3%, from $0.60 to $1.25.
Company News
Zak Calisto, founder of Karooooo, discusses the company's evolution from a vehicle tracking service in South Africa to a comprehensive fleet management and telematics platform, leveraging AI and data analytics to serve enterprise and consumer markets.
Karooooo reported strong Q1 results with 18% revenue growth, 17% subscriber increase, and maintained full-year guidance. The company expects accelerating Cartrack subscription growth and is investing in AI and customer experience.
Karooooo, a technology company, reported strong earnings and subscription growth, leading Stifel to raise its price target on the stock. The company's substantial market presence in South Africa and plans to relocate its headquarters there suggest continued growth potential.
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BZZUF, KARO and NMM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 20, 2024.
