Penske Automotive hikes dividend by 2.2% 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 2.2%

Wednesday 20 October 2021

Penske Automotive (PAG) will hike its dividend to 46 cents per share quarterly.

Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, 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 became a public company in 1996 and has paid an uninterrupted dividend since 2011. The dividend was halted in 2009 during the financial crisis and in 2020 because of COVID-19. In Q3 of 2020 the dividend was reinstated again.

Penske Automotive Group

Consumer Discretionary

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