Group 1 Automotive As of July 26, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
GPI $1.48 5.7% 16.7% N/A
Business yield Hike yrs 5 yr CAGR freq. paid since
Automotive Dealerships 0.9% 2 N/A Quarter 2020

Group 1 Automotive's (GPI) board of directors declared a cash dividend of $0.37 per share for the first quarter of 2022.  The dividend represents an increase of 2.8%, or $0.01 per share, from the fourth quarter of 2021, and will be payable on June 15, 2022, to stockholders of record as of June 1, 2022.

The COVID-19 pandemic ended 10 consecutive years of dividend increases by the car dealership company and followed a 3.4 percent increase in the first quarter of 2020. A $1.48 per share annual dividend yields 0.8% at a stock price of $179. The next ex-dividend date for GPI is May 31, 2022.

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. Group 1 suspended its dividend again during the COVID-19 pandemic in 2020.

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%