Group 1 Automotive (GPI) Raises Quarterly Dividend 2.7% to $0.38; Raises Buyback to $250M

August 16, 2022 5:26 PM EDT

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Group 1 Automotive (NYSE: GPI) declared a quarterly dividend of $0.38 per share, or $1.52 annualized. This is a 2.7% increase from the prior dividend of $0.37. The dividend will be payable on September 15, 2022, to stockholders of record on September 1, 2022, with an ex-dividend date of August 31, 2022. The annual yield on the dividend is 0.8 percent.

The company also announced its board of directors increased the Company's common stock repurchase authorization by $130 million to $250 million, and also declared an increase to the quarterly cash dividend.

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

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