Karooooo Ltd.

KARO

Technology · Software - Application · Stock · annual payer

$64.73

Overvalued · -30% Add to Portfolio

Forward Yield

2.31%

Annual Dividend

$1.50

Payout Ratio

73%

5-Yr Growth

—

Ex-Date

Jul 17, 2026

Frequency

Annual

Key facts about KARO's dividend

Data as of Oct 27, 2026 · Source: SmarterDividends data

As of Oct 27, 2026, Karooooo Ltd. (KARO) has a forward dividend yield of 2.31%, based on an annual dividend of $1.50 per share and a share price of $64.73.
As of Oct 27, 2026, KARO's dividend safety grade from SmarterDividends is B (75 out of 100), which rates the dividend as safe.
By SmarterDividends' count, Karooooo Ltd. (KARO) has raised its dividend for 3 consecutive years as of Oct 27, 2026.
KARO has never cut its regular dividend in the payment history SmarterDividends has on record.
KARO's most recent ex-dividend date was Jul 17, 2026, for a dividend of $1.50 per share.
As of Oct 27, 2026, KARO pays out 73% of its trailing 12-month earnings as dividends (its payout ratio).
As of Oct 27, 2026, KARO's 2.31% yield is 20% below its five-year average yield of 2.90%.
As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for KARO is $45.05 per share, 30% below the $64.73 share price, so KARO screens as overvalued.
Karooooo Ltd. (KARO) pays its dividend annual, once a year.
Karooooo Ltd. (KARO) has raised its regular dividend 4 times and cut it 0 times across the 5 payments on record since 2022. Its most recent change was a 20.0% increase to $1.50 per share, going ex-dividend on Jul 17, 2026.

Cite this page

SmarterDividends, "KARO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/KARO

Summary

As of Oct 27, 2026, Karooooo Ltd. (KARO) yields 2.31% ($1.50 a year per share), has a dividend safety grade of B (75/100) and has 3 consecutive years of dividend increases on record.

Is KARO a good dividend stock?

Yes

Karooooo Ltd. (KARO) pays a annual dividend yielding 2.31% ($1.50/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Never cut its dividend on record
94% total price return over 5 years

Risks

Single-stock concentration risk — diversify

Key Data

Dividend Yield: 2.31%
Payout Ratio: 73%
Annual Dividend: $1.50
5-Yr Avg Growth: —
Ex-Dividend Date: Jul 17, 2026
Years of Growth: 3
Frequency: annual
Beta: 0.89
Market Cap: $2.0B
P/E Ratio: 31.3
5-Yr Total Return: 94%
52-Week Range: $41.25 – $68.80
Dividend Safety: B · 75/100
Ever Cut?: No

KARO dividend raises and cuts

Karooooo Ltd. (KARO) has raised its regular dividend 4 times and cut it 0 times across the 5 payments on record since 2022. Its most recent change was a 20.0% increase to $1.50 per share, going ex-dividend on Jul 17, 2026.

Ex-date	Change	Old → new	Move
Jul 17, 2026	Raise	$1.25 → $1.50	+20.0%
Aug 15, 2025	Raise	$1.08 → $1.25	+15.7%
Aug 8, 2024	Raise	$0.850 → $1.08	+27.1%
Jun 22, 2023	Raise	$0.600 → $0.850	+41.7%

Every KARO payment →Download every raise and cut (CSV)

KARO ex-dividend date & scheduleNext ex-date Jul 17, 2026 · full ex-dividend historyView →KARO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is KARO a good dividend stock?

Yes. Karooooo Ltd. (KARO) pays a annual dividend yielding 2.31% ($1.50/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is KARO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, KARO's fair value is about $45.05 versus a $64.73 share price — so it looks overvalued (-30% vs. fair value).

Is KARO's dividend safe?

KARO has a dividend-safety grade of B (75/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is KARO's fair value?

Our blended fair-value estimate for KARO is about $45.05 per share, about 30% below the current $64.73 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is KARO a buy, hold, or sell?

We don't issue formal ratings, but on the data KARO screens as "yes" and overvalued. Karooooo Ltd. (KARO) pays a annual dividend yielding 2.31% ($1.50/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will KARO cut its dividend?

KARO earns a dividend-safety grade of B (75/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does KARO pay a dividend?

Yes. Karooooo Ltd. pays a annual dividend of about $1.50 per share annually, a forward yield of roughly 2.31%.

What is KARO's dividend yield?

As of Oct 27, 2026, KARO's forward dividend yield is 2.31%, based on a $1.50 annual dividend and a $64.73 share price.

What is KARO's dividend per share?

As of Oct 27, 2026, KARO pays $1.50 per share per year, distributed on a annual basis.

What is KARO's dividend payout ratio?

As of Oct 27, 2026, KARO's payout ratio is 73% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has KARO grown its dividend?

As of Oct 27, 2026, KARO has increased its dividend for 3 consecutive years.

When is the next KARO ex-dividend date?

As of Oct 27, 2026, KARO's next ex-dividend date hasn't been announced. The most recent was Jul 17, 2026, for $1.50 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full KARO dividend history →

Ex-Date	Pay Date	Amount	Type
Jul 17, 2026	Jul 27, 2026	$1.5000	regular
Aug 15, 2025	Aug 22, 2025	$1.2500	regular
Aug 8, 2024	Aug 14, 2024	$1.0800	regular
Jun 22, 2023	Jul 3, 2023	$0.8500	regular
Sep 1, 2022	Sep 12, 2022	$0.6000	regular