Lithia Motors Inc. (LAD) Declares $0.07 Quarterly Dividend; 1.4% Yield

Lithia Motors Inc. (NYSE: LAD) declared a quarterly dividend of $0.07 per share, or $0.28 annualized.

The dividend will be payable on November 25, 2011, to stockholders of record on November 11, 2011, with an ex-dividend date of November 9, 2011.

The annual yield on the dividend is 1.4 percent.

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