SmarterDividends
KARO

Karooooo Ltd.

KARO

Technology · Stock · annual payer

Forward Yield

5.73%

Annual Dividend

$2.75

Payout Ratio

69%

5-Yr Growth

Ex-Date

Jul 17, 2026

Frequency

Annual

KARO Dividend Safety Score

70/ 100
Grade B

Safe

Dividend-growth streak3 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage69% of earnings paid out
Free-cash-flow coverage4% of free cash flow
Balance-sheet strengthDebt/equity of 0.34
Yield vs its historyYield is 2.0× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is KARO a good dividend stock?

Yes, with caveats

Karooooo Ltd. (KARO) pays a annual dividend yielding 5.73% ($2.75/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
5.73%
Payout Ratio
69%
Annual Dividend
$2.75
5-Yr Avg Growth
Ex-Dividend Date
Jul 17, 2026
Years of Growth
3
Frequency
annual
Beta
0.90
Market Cap
$1.5B
P/E Ratio
24.2
5-Yr Total Return
29%
52-Week Range
$41.25 – $60.95
Dividend Safety
B · 70/100
Ever Cut?
No
KARO ex-dividend date & scheduleNext ex-date Jul 17, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.75 / yr per share

Per payment (annual)$275.00
Annual$275.00
Monthly avg$22.92