Penske Automotive Group (PAG) Raises Quarterly Dividend 9.1% to $0.72; 1.6% Yield

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PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9%

July 19, 2023 8:46 AM EDT

BLOOMFIELD HILLS, Mich., July 19, 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 $0.06 per share, or 9%, to $0.72 per share. "We are pleased to provide an increase in... More