---
schema_version: "secwatch.filing_event.v1"
accession: "0001019849-22-000024"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2022-05-12T23:59:59+00:00"
generated_at: "2026-06-25T17:33:10.460924+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Penske Automotive increases dividend to $0.50/share (6.4% raise) and boosts buyback authorization to $250M

## Summary
- Dividend raised 6.4% to $0.50/share; payable June 1, 2022, record May 23, 2022.
- Share repurchase authorization increased to $250M; $46.3M remained as of April 30.
- Q1 2022 operating cash flow of $381M cited as basis for capital return.
- Jan–Apr 2022 repurchased 1.9M shares for $184.1M.

## SEC filing metadata
- accession: 0001019849-22-000024
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2022-05-12T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019849/000101984922000024/0001019849-22-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000101984922000024/pag-20220512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019849-22-000024
- JSON: https://secwatch.observer/filing/0001019849-22-000024.json
- Plain text: https://secwatch.observer/filing/0001019849-22-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.