Penske Automotive Group As of July 26, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
PAG $2.12 15.2% 9.5% N/A
Business yield Hike yrs 5 yr CAGR freq. paid since
Vehicle Dealerships 2.0% 2 9.9% Quarter 2020

Penske Automotive (PAG) will hike its dividend by 6.4 percent to 50 cents per share in Q2 of 2022. A new annual dividend rate of $2.00 per share will yield 1.7% at a stock price of 115. The ex-dividend date for the next PAG dividend is May 20, 2022.

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.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Aug 16 PCAR 1.6% 0.0%
Aug 16 ED 3.3% 1.9%
Aug 16 TGT 2.8% 20.0%
Aug 17 LH 1.2% 0.0%
Aug 17 CNP 2.4% 0.0%
Aug 17 MSFT 1.0% 0.0%
Aug 17 PSX 4.5% 5.4%
Aug 17 NLSN 1.0% 0.0%
Aug 18 WBA 4.9% 0.5%
Aug 18 SHW 0.9% 9.1%