Penske Automotive hikes dividend by 3.4% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Penske Automotive Group As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Penske Automotive Group As of October 10, 2023	PAG	$2.88	26.3%	23.9%	9.5%
Vehicle Dealerships	1.8%	3	14.2%	Quarter	2020

Penske Automotive hikes dividend by 3.4%

Thursday 9 February 2017

Penske Automotive (PAG) will raise its quarterly dividend from $0.29 to $0.30 per share.

The dividend is payable on March 1, 2017, to shareholders of record on February 20, 2017.

Commenting on the dividend, Penske Automotive Group President Robert H. Kurnick, Jr., said, "Based on the strength of the company's financial performance in the fourth quarter of 2016, the Board of Directors is pleased to offer an increase in the quarterly dividend, representing the 23rd consecutive quarterly increase for PAG's shareholders."

Penske Automotive Group, Inc. is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand.

Penske Automotive Group

Consumer Discretionary

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