NEW YORK ( TheStreet) -- The ex-dividend date for KAR Auction Services (NYSE: KAR) is tomorrow, December 18, 2013. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $28.81 as of 9:50 a.m. ET, the dividend yield is 3.5%. The average volume for KAR Auction Services has been 1.7 million shares per day over the past 30 days. KAR Auction Services has a market cap of $3.98 billion and is part of the services sector and specialty retail industry. Shares are up 43% year to date as of the close of trading on Monday. KAR Auction Services, Inc., together with its subsidiaries, provides vehicle auction services in North America. It operates in three segments: ADESA Auctions, IAA, and AFC. The company has a P/E ratio of 37.3, above the S&P 500 P/E ratio of 17.7.
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