Penske Automotive Group (PAG) Raises Quarterly Dividend 3.6% to $0.29; 2.6% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Penske Automotive Increases Dividend
October 19, 2016 7:50 AM EDTBLOOMFIELD HILLS, Mich., Oct. 19, 2016 /PRNewswire/ --Â Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.29 per share for the third quarter of 2016.Â
Commenting on the dividend increase, Penske Automotive Group President Robert H. Kurnick, Jr., said, "The diversification of our business continues to be a core strength, contributing to our strong cash flow. As a result of PAG's continued performance, the Board of Directors is pleased to offer an increase in the quarterly... More
