Penske Automotive Group (PAG) Raises Quarterly Dividend 7% to $0.61; 2.1% Yield
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PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND
January 25, 2023 6:59 AM ESTDividend Increased by $0.04 per share, or 7%, to $0.61
BLOOMFIELD HILLS, Mich., Jan. 25, 2023 /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 quarterly dividend by $0.04 per share, or 7%, to $0.61 per share. "Based on the strength of the Company's diversified business model and our continued strong cash flow, we are... More
