Penske Automotive Group (PAG) Raises Quarterly Dividend 2.9% to $0.36; 2.9% Yield
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Penske Automotive Increases Dividend
July 18, 2018 8:48 AM EDTBLOOMFIELD HILLS, Mich., July 18, 2018 /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 $0.36 per share for the second quarter of 2018.Â
Penske Automotive Group President Robert H. Kurnick, Jr., said, "For the 29th consecutive quarter, our Board of Directors has increased the dividend for PAG's shareholders. This increase in the dividend demonstrates the confidence we have in our ability to continue growing the company's diversified transportation services business model."
The dividend is... More
