Penske Automotive hikes dividend by 3.1% 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 3.1%

Wednesday 11 October 2017

Penske Automotive (PAG) will raise its quarterly dividend by 3.1 percent to $0.33 per share. The new dividend is payable on December 1, 2017, to shareholders of record on November 10, 2017.

Penske Automotive Group President Robert H. Kurnick, Jr., said, "For the 26(th) consecutive quarter, I am pleased to announce that our Board of Directors has increased the dividend for PAG's shareholders. This increase continues to demonstrate the confidence we have in our diversified transportation services business model."

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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