$173.86
-0.87%Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 10,400 locations worldwide. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.
Total Payments
11
Latest Dividend
$10.0000
Annual Amount
$10.0000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Dec 5, 2023 | Dec 15, 2023 | Dec 21, 2023 | $10.0000 | $10.0000 | Quarterly | +5581.82% |
Feb 9, 2006 | Feb 27, 2006 | Mar 14, 2006 | $0.1100 | $0.1760 | Quarterly | 0.00% |
Oct 19, 2005 | Nov 21, 2005 | Dec 13, 2005 | $0.1100 | $0.1760 | Quarterly | 0.00% |
Jul 19, 2005 | Aug 22, 2005 | Sep 13, 2005 | $0.1100 | $0.1760 | Quarterly | +22.22% |
Apr 26, 2005 | May 23, 2005 | Jun 14, 2005 | $0.0900 | $0.1440 | Quarterly | 0.00% |
Jan 24, 2005 | Feb 28, 2005 | Mar 15, 2005 | $0.0900 | $0.1440 | Quarterly | 0.00% |
Oct 19, 2004 | Nov 22, 2004 | Dec 14, 2004 | $0.0900 | $0.1440 | Quarterly | 0.00% |
Jul 20, 2004 | Aug 16, 2004 | Sep 14, 2004 | $0.0900 | $0.1440 | Quarterly | +28.57% |
Apr 20, 2004 | May 24, 2004 | Jun 15, 2004 | $0.0700 | $0.1120 | Quarterly | 0.00% |
Feb 11, 2004 | Feb 23, 2004 | Mar 16, 2004 | $0.0700 | $0.1120 | Quarterly | -89.37% |
May 31, 1989 | Jun 5, 1989 | Jun 6, 1989 | $5.0000 | $1.0540 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.
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