Group 1 Automotive (GPI) Raises Quarterly Dividend 4.5% to $0.23; 1.5% Yield

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Go back to Group 1 Automotive (GPI) Raises Quarterly Dividend 4.5% to $0.23; 1.5% Yield

Group 1 Automotive Increases Quarterly Cash Dividend

May 18, 2016 7:07 AM EDT

HOUSTON, May 18, 2016 /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 $0.23 per share for the first quarter of 2016. The dividend, which represents an increase of 4.5 percent, or $0.01 per share, from the fourth quarter of 2015, will be payable on June 15, 2016, to stockholders of record on June 1, 2016.

ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 162... More