Lithia Motors (NYSE: LAD) declared a quarterly dividend of $0.29 per share, or $1.16 annualized. This is a 7.4% increase from the prior dividend of $0.27.

The dividend will be payable on May 25, 2018, to stockholders of record on May 11, 2018, with an ex-dividend date of May 10, 2018.

The annual yield on the dividend is 1.2 percent.

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