Penske Automotive Group (PAG) Raises Quarterly Dividend 10.1% to $0.87; 2.3% Yield
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PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 10%
January 17, 2024 6:58 AM ESTBLOOMFIELD HILLS, Mich., Jan. 17, 2024 /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 approved a quarterly dividend of $0.87 per share, representing an increase of 10%. "We are pleased to provide an increase in the cash dividend.  The strength of our balance sheet and our continued... More
