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Penske Automotive Group (PAG) Raises Quarterly Dividend 14.3% to $0.08; 1.3% Yield

July 26, 2011 4:07 PM EDT
Penske Automotive Group (NYSE: PAG) declared a quarterly dividend of $0.08 per share, or $0.32 annualized. This is a 14.3% increase from the prior dividend of $0.07.

The dividend will be payable on September 1, 2011, to stockholders of record on August 10, 2011, with an ex-dividend date of August 8, 2011.

The annual yield on the dividend is 1.3 percent.


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