Group 1 Automotive (GPI) Raises Quarterly Dividend 5% to $0.21; 0.9% Yield

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Group 1 Automotive Increases Quarterly Cash Dividend

August 13, 2015 1:08 PM EDT

HOUSTON, Aug. 13, 2015 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today announced that its board of directors declared a cash dividend of $0.21 per share for the second quarter of 2015.  The dividend, which represents an increase of 5.0 percent, or $0.01 per share, from the first quarter of 2015, will be payable on September 5, 2015, to stockholders of record on September 1, 2015.

"Group 1 delivered all-time record adjusted earnings for the second quarter of 2015, and the... More