Penske Automotive raises quarterly dividend to $1.46
The increase is $0.02 per share, or 1.4%, bringing the annualized dividend to $5.84 per share.
Key takeaways
- Penske Automotive Group, Inc. (PAG) said in a press release on Oct. 15 that its board declared a quarterly cash dividend of $1.46 per share, an increase of $0.02 per share, or 1.4%. The dividend brings the annualized payout to $5.84 per share. It is payable Dec. 1 to shareholders of record as of Nov. 13.
Penske Automotive Group, Inc. (PAG) said Thursday in a press release that its board of directors declared a quarterly cash dividend of $1.46 per share, according to an 8-K filed with the Securities and Exchange Commission.
The dividend is an increase of $0.02 per share, or 1.4%.
On an annualized basis, the dividend totals $5.84 per share.
The dividend is payable Dec. 1, 2026, to shareholders of record as of Nov. 13, 2026.
The company describes itself as a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers. It operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan and Australia.
The company also owns 28.9% of Penske Transportation Solutions, and employs over 28,900 people worldwide.