Group 1 Automotive (GPI) Raises Quarterly Dividend 4.8% to $0.22; 1.1% Yield

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Go back to Group 1 Automotive (GPI) Raises Quarterly Dividend 4.8% to $0.22; 1.1% Yield

Group 1 Automotive Increases Quarterly Cash Dividend

November 12, 2015 4:21 PM EST

HOUSTON, Nov. 12, 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 $0.22 per share for the third quarter of 2015.  The dividend, which represents an increase of 4.8 percent, or $0.01 per share, from the second quarter of 2015, will be payable on December 15, 2015, to stockholders of record on December 1, 2015.

Group 1's board of directors also increased the Company's common stock share repurchase authorization to... More