Group 1 Automotive (GPI) Raises Quarterly Dividend 20% to $0.45; 0.8% Yield

Group 1 Automotive (NYSE: GPI) declared a quarterly dividend of $0.45 per share, or $1.8 annualized. This is a 20% increase from the prior dividend of $0.375.

The dividend will be payable on February 14, 2023, to stockholders of record on February 14, 2023, with an ex-dividend date of February 13, 2023.

The annual yield on the dividend is 0.8 percent.

"We are pleased to provide a 20% increase in our annual dividend rate as our strong cash flow continues to enable the Company to reward shareholders. Our top capital allocation priorities continue to be growing our business while also returning capital to our shareholders," said Daryl Kenningham, Group 1's President and Chief Executive Officer.

For a dividend history and other dividend-related data on Group 1 Automotive (GPI) click here.

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