Penske Automotive Group (PAG) Raises Quarterly Dividend 3% to $0.34; 2.5% Yield
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Penske Automotive Increases Dividend
January 30, 2018 6:59 AM ESTBLOOMFIELD HILLS, Mich., Jan. 30, 2018 /PRNewswire/ -- 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 $0.34 per share for the fourth quarter of 2017.Â
Penske Automotive Group President Robert H. Kurnick, Jr., said, "I am pleased to announce that our Board of Directors has increased the dividend for PAG's shareholders for the 27th consecutive quarter. The increase in the dividend reflects our commitment to increasing returns for shareholders and reinforces the continued... More
