Close

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

August 16, 2022 5:26 PM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

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.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Dividend Hike, Dividends, Stock Buybacks

Related Entities

Dividend