Group 1 Automotive ticker dps (an.) 2024 hike 2023 hike 2022 hike
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Group 1 Automotive (GPI) will raise its quarterly dividend by another 4.8 percent to $0.22 per share. The company has raised its dividend by double digits in the past four years.

Group 1 Automotive, Inc. owns and operates automotive dealerships, franchises, and collision centers in the United States, the United Kingdom and Brazil that offer 31 brands of automobiles. Through its dealerships, the company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts. Group 1 Automotive became a public company in October 1997 and restarted a quarterly payment in 2010 following the suspension of its dividend in 2009 during the financial crisis.