Penske Automotive Increases Dividend

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Penske Automotive Group (PAG) Raises Quarterly Dividend 4.3% to $0.24; 1.8% Yield

July 16, 2015 8:49 AM EDT

Penske Automotive Group (NYSE: PAG) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. This is a 4.3% increase from the prior dividend of $0.23.

The dividend will be payable on September 1, 2015, to stockholders of record on August 10, 2015, with an ex-dividend date of August 6,... More