Penske Automotive Group (PAG) Raises Quarterly Dividend 4.8% to $0.22; 1.8% Yield
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Penske Automotive Group (PAG) Raises Quarterly Dividend 4.8% to $0.22; 1.8% Yield
January 28, 2015 4:15 PM ESTPenske Automotive Group (NYSE: PAG) declared a quarterly dividend of $0.22 per share, or $0.88 annualized. This is a 4.8% increase from the prior dividend of $0.21.
The dividend will be payable on March 2, 2015, to stockholders of record on February 10, 2015, with an ex-dividend date of February 6,... More
Penske Automotive Group (PAG) Acquires Connecticut-Based Land Rover Dealership
January 26, 2015 4:21 PM ESTPenske Automotive Group (NYSE: PAG) announced the acquisition of a Land Rover dealership in Darien, Connecticut. The company estimates the dealership will generate approximately $50 million of revenue annually.
Penske Automotive Group President Robert H. Kurnick, Jr., said, "We are pleased to add... More
