Penske Automotive Group (PAG) Raises Quarterly Dividend 8.2% to $0.66; 1.9% Yield

Penske Automotive Group (NYSE: PAG) declared a quarterly dividend of $0.66 per share, or $2.64 annualized. This is an 8.2% increase from the prior dividend of $0.61.

The dividend will be payable on June 1, 2023, to stockholders of record on May 22, 2023, with an ex-dividend date of May 19, 2023.

The annual yield on the dividend is 1.9 percent.

• and delegated to management an additional $250 million in authority to repurchase the Company's outstanding securities.

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

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