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Penske Automotive raises dividend by 8.2% to $0.66

  • Penske Automotive (NYSE:PAG) declares $0.66/share quarterly dividend, 8.2% increase from prior dividend of $0.61.
  • Payable June 1; for shareholders of record May 22; ex-div May 19.
  • The board announced an additional $250 million in authority to repurchase the Company's outstanding securities. The repurchase authority is in addition to the previously announced repurchase authority, of which $135.8 million remained outstanding as of May 10, 2023. 
  • See PAG Dividend Scorecard, Yield Chart, & Dividend Growth.

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Penske Automotive Group, Inc.