Penske Automotive Group (PAG) Raises Quarterly Dividend 7.5% to $0.57; 2.3% Yield
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PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND
October 20, 2022 6:55 AM EDTDividend Increased by $0.04 per share, or 7.5%, to $0.57
BLOOMFIELD HILLS, Mich., Oct. 20, 2022 /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 $0.04 per share, or 7.5%, to $0.57 per share. "Based on our continued strong cash flow and the strength of the Company's diversified business model, we are delighted to provide our shareholders with... More
