Penske (PAG) Raises Quarterly Dividend 9.1% to $0.12; Yields 2%

July 19, 2012 8:29 AM EDT
Penske Automotive Group (NYSE: PAG) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. This is a 9.1% increase from the prior dividend of $0.11.

The dividend will be payable on September 4, 2012, to stockholders of record on August 10, 2012, with an ex-dividend date of August 8, 2012.

The annual yield on the dividend is 2 percent.

For a dividend history and other dividend-related data on Penske Automotive Group (PAG) click here.

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