Does CarMax (KMX) Pay a Dividend? (2026)
Last updated July 2026
Short answer
CarMax (KMX) pays little or no dividend; like many growth-oriented companies it reinvests cash rather than paying income. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does CarMax (KMX) pay a dividend?
CarMax (KMX) currently returns little or nothing as a dividend. CarMax's most recent quarter (ended May 2026) showed revenue of about $8.0 billion, up roughly 6% year over year, with EPS around $1.31, aided by higher average selling prices and wholesale volume even as comparable-store used-unit sales were roughly flat to slightly down. The market cap of about $7.3 billion is well below its pandemic-era peak, and the trailing P/E has ranged from the mid-20s to low-30s, above its longer-run historical average. All figures are approximate and as of JULY 2026.
How to think about KMX's dividend
- Yield is a snapshot: minimal today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like KMX.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the KMX dividend
CarMax (KMX) is not an income stock; if you own it, it is for growth or total return, not the dividend. For the full picture see the KMX guide. Walnut can show how KMX fits your real portfolio. It is not an investment adviser.
Build a basket around KMX with Walnut
Use CarMax as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does CarMax (KMX) pay a dividend?
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CarMax (KMX) pays little or no dividend; like many growth-stage companies it tends to reinvest cash rather than return it as income. Verify the current policy on KMX's investor relations page.
What is KMX's dividend yield?
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KMX's yield is minimal or zero. Companies prioritizing growth often pay no dividend and return cash through buybacks instead, if at all.
How often does KMX pay its dividend?
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US companies that pay dividends, like CarMax if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on KMX's investor relations page before relying on the timing.
Can I reinvest KMX dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any KMX dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is KMX a good dividend stock?
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Walnut is informational, not investment advice. KMX is a growth or total-return name rather than an income stock. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with KMX's investor relations page or your broker.