Does Avis Budget Group (CAR) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Avis Budget Group (CAR) pays a dividend yielding about its stated rate as of August 2026. The latest payment on record was $10.00 per share, ex-dividend December 14, 2023.. Figures are approximate and dated; verify the current number with your broker.
Does Avis Budget Group (CAR) pay a dividend?
Yes. Avis Budget Group distributes a dividend yielding roughly its stated rate as of August 2026. The most recent payment on record was $10.00 per share, with an ex-dividend date of December 14, 2023.
CAR does not screen on a simple price-to-earnings basis because trailing earnings per share are negative, so investors lean on enterprise-value-to-EBITDA and the path back toward the company's roughly $1 billion adjusted EBITDA goal. With about 35 million shares outstanding and negative book equity, the stock behaves like a leveraged call on the rental cycle. Figures are approximate and drawn from the company's 2025 full-year and first-quarter 2026 disclosures.
CAR dividend at a glance
| 2023-12-14 | $10.00 |
CAR dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with CAR's investor relations page before relying on it.
Is the CAR dividend covered?
We do not have a payout ratio on record for CAR. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on CAR's investor relations page or in your broker's fundamentals tab.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
What CAR's dividend means for you
- Income: set by the yield, which moves with the share price.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for CAR the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How CAR dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the CAR dividend
Avis Budget Group (CAR) pays about its stated yield. For the full picture see the CAR guide. Walnut can show how CAR fits your real portfolio. It is not an investment adviser.
Investing in Avis Budget Group with AI
Connect the broker you already use and ask Walnut's AI how CAR fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Avis Budget Group (CAR) pay a dividend?
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Yes. Avis Budget Group pays a dividend yielding roughly its current yield as of August 2026. The most recent payment on record was $10.00 per share with an ex-dividend date of December 14, 2023. Yields move with the share price, so verify the current figure with your broker or CAR's investor relations page before relying on it.
What is CAR's dividend yield?
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About its current yield as of August 2026. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does CAR pay its dividend?
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Avis Budget Group's payment schedule is in the history table above. The most recent payment on record had an ex-dividend date of December 14, 2023. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on CAR's investor relations page, because boards can change both the amount and the timing.
When is CAR's ex-dividend date?
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The ex-dividend date recorded in our August 2026 data pull is December 14, 2023. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check CAR's investor relations page for the next confirmed date.
Is CAR's dividend safe?
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We do not have a payout ratio on record for CAR. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on CAR's investor relations page or in your broker's fundamentals tab. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
Are CAR dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest CAR dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each CAR payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Avis Budget Group pay a dividend?
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Avis Budget Group has not been known for a regular common-stock dividend, instead directing capital toward fleet investment, debt management and, at times, share repurchases. Investors interested in current income should confirm the latest capital-return policy in the company's most recent filings.
Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with CAR's investor relations page or your broker before acting on them.