Penske Automotive Group (PAG) Raises Quarterly Dividend 9.7% to $0.79; 2.1% Yield

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Go back to Penske Automotive Group (PAG) Raises Quarterly Dividend 9.7% to $0.79; 2.1% Yield

PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9.7%

October 18, 2023 9:06 AM EDT

BLOOMFIELD HILLS, Mich., Oct. 18, 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 $0.07 per share, or 9.7%, to $0.79 per share.  "Our healthy balance sheet, continued strong cash flow and the strength of... More