Lithia Motors (NYSE: LAD) declared a quarterly dividend of $0.27 per share, or $1.08 annualized. This is an 8% increase from the prior dividend of $0.25.

The dividend will be payable on May 26, 2017, to stockholders of record on May 12, 2017, with an ex-dividend date of May 10, 2017.

The annual yield on the dividend is 1.3 percent.

For a dividend history and other dividend-related data on Lithia Motors (LAD) click here.