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Karooooo Ltd (KARO) is a global provider of real-time mobility data analytics solutions for smart transportation. It offers a comprehensive, cloud-based smart mobility platform for connected vehicles and other assets.

The company's software-as-a-service platform provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance, and manage risk.

 In addition, the company offers Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitates active credit management for asset-based vehicle finance; an electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions.

The segments of the group are Cartrack; Carzuka; and Karooooo Logistics, of which key revenue is derived from the Cartrack segment.

It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices.

Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.

Three key data points gauge Karooooo or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

KARO Price

Karooo’s share price rose about 104% in the past year from $23.59 to $47.99 as of Wednesday’s market close.

In the past 3 years the company’s share price has ranged from $18.59 to $50.54, its all-time high reached January 8th.

If the company repeats its one-year average annual performance, its price might grow by $5.01 next year to $53.00.

KARO Dividend

Karooooo Ltd has paid variable annual dividends since September 12, 2022.

The company’s most recent Annual dividend of $1.08 was declared July 23rd for shareholders of record prior to August 8th, and the payout was made August 14th.

A forward-looking annual dividend of $4.42 yields 9.21% per Wednesday’s closing price.

KARO Returns

Putting it all together, a $9.43 estimated gross gain per share shows up by adding KARO’s annual $4.42 dividend to the estimated $5.01 annual price gain, totaling that $9.43 gross amount.

A little over $1000 buys 21 shares at Wednesday’s $47.99 share price.

A $10 broker fee (if charged), collected half at purchase and half at the sale, might take about $0.475 per share out of the 9.43 gross gain to give us a net $8.955 amount per share to multiply by 21, to equal $188.06 for about a 19% estimated net gain on the year.

Furthermore, the $92.10 annual dividend income from $1k invested in Karooooo is almost 2 times greater than the single-share price. By these numbers, Karooooo Ltd may be an ideal dividend dog.

Therefore, you may choose to pounce on KARO as a 24-year-old soon-to-be quarterly dividend-paying information technology company with a 3-year dividend record.

The exact track of Karoooo's future price and dividend will entirely be determined by market action and company finances.

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

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