Penske Automotive Group (PAG) Reinstates $0.42 Quarterly Dividend; 3.2% Yield

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Penske Automotive Reinstates Dividend

October 14, 2020 8:20 AM EDT

BLOOMFIELD HILLS, Mich., Oct. 14, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a  diversified international transportation services company, today announced that its Board of Directors has reinstated the Company's dividend, declaring a cash dividend of $0.42 per share. The dividend is payable on December 1, 2020, to shareholders of record on November 10, 2020.

Commenting on the dividend reinstatement, Chair Roger Penske said, "I am... More