Penske Automotive Group (PAG) Raises Quarterly Dividend 10.3% to $0.96; 2.5% Yield

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PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 10%

May 9, 2024 8:32 AM EDT

BLOOMFIELD HILLS, Mich., May 9, 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 $0.96 per share.  "Based on the strength of our balance sheet and continued strong cash flow, we are pleased... More