Penske Automotive Group (PAG) Raises Quarterly Dividend 11.5% to $1.07; 2.8% Yield

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PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND 11% TO $1.07

July 24, 2024 4:05 PM EDT

Represents 15th Consecutive Quarterly Increase

Increase Highlights Strength of Balance Sheet and Low Leverage 

BLOOMFIELD HILLS, Mich., July 24, 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 $1.07 per share, representing an 11% or... More