Penske Automotive Group (PAG) Raises Quarterly Dividend 2.7% to $0.38; 3.3% Yield
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Penske Automotive Increases Dividend
January 30, 2019 9:27 AM ESTBLOOMFIELD HILLS, Mich., Jan. 30, 2019 /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 $0.38 per share for the fourth quarter of 2018.Â
Penske Automotive Group President Robert H. Kurnick, Jr., said, "For the 31st consecutive quarter, we are pleased to offer our shareholders an increase in the quarterly dividend to $0.38. The increase underlines the confidence we have in our capability to grow our company's diversified transportation services business model and reinforces our... More
