Penske Automotive Group (PAG) Raises Quarterly Dividend 2.3% to $0.45; 2.2% Yield

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Penske Automotive Group Increases Dividend

July 21, 2021 4:30 PM EDT

BLOOMFIELD HILLS, Mich., July 21, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by 2.3% to $0.45 per share. The dividend is payable September 1, 2021, to shareholders of record on August 10, 2021.

"We are pleased to offer our shareholders another increase in the quarterly dividend," said Penske Automotive Group President, Robert H. Kurnick.  "Our business achieved all-time record results for the six months ending June 30, 2021,... More