AutoNation (AN) Dividends
Market Cap: $6.57B
Avg Volume: 566.00K
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Dividend Overview
AutoNation (AN) pays a special dividend to its shareholders. The current dividend yield is 10.27%, which means that for every $100 invested at the current price, investors would receive approximately $10.27 in dividends per year (this can change based on future dividend payments and price movements).
About AN's Dividend
AutoNation pays a special dividend. The total annual dividend is approximately $1.19 per share, meaning for each share you own, you'll receive about $1.19 in dividends over the course of a year.
The most recent ex-dividend date was July 03, 2000. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
AN Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.687 | 10.27% | July 03, 2000 | |||
| $0.5 | 15.69% | April 27, 1995 |
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for AN
- Dividend & Capex Coverage Ratio: 0.96x Weak coverage
- Dividend Frequency: Special
What These Indicators Mean
The Dividend & Capex Coverage Ratio of 0.96x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio below 1.0x indicates AutoNation may need to use cash reserves or debt to fund dividends and investments, which could be unsustainable long-term.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.