Karooooo (KARO) Leads 50 Dividend Payouts With $46.3 Million Distribution
As seen on the 24/7 Wall St. homepage on July 17, 2026.
- 2WDFCWD-40 Company Common Stock$1.02/sh$13.7M
- 3MGRCMcGrath RentCorp Common Stock$0.50/sh$12.2M
- 4OXLCMOxford Lane Capital Corp. Preferred Stock Shares, 8.25% Series 2031$0.17/sh$6.2M
- 5CBRLCracker Barrel Old Country Store, Inc Common Stock$0.25/sh$5.6M
Karooooo is paying out $46.3 million to shareholders this month, topping a digest of 50 dividend announcements with ex-date today. WD-40 and McGrath RentCorp also cutting checks by month's end.
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Karooooo's July 17 ex-date triggers a $46.3 million total payout to shareholders, with each share collecting $1.50. The payment itself hits on July 27, making this the largest single distribution in a digest of 50 dividend announcements sharing today's ex-date.
WD-40 and McGrath RentCorp are the next largest names on the list, with WD-40 sending out $13.7 million at $1.02 per share and McGrath delivering $12.2 million at $0.495 per share — both scheduled to pay on July 31. Oxford Lane Capital's 8.25% Series 2031 preferred shares also settle on July 31, adding another $6.2 million at $0.171875 per share.
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Rounding out the highlighted names, Cracker Barrel is set to pay $0.25 per share on August 12, amounting to roughly $5.6 million in total. Investors who did not hold shares before today's ex-date will not be eligible for any of these distributions.