Penske Automotive lifts dividend 6% to $0.53 per share

PENSKE AUTOMOTIVE GROUP, INC.

Board increases quarterly dividend by $0.03 (6%) to $0.53 per share.
Dividend payable September 1, 2022 to shareholders of record August 10, 2022.
President Robert Kurnick Jr. cites strong cash flow and diversified business model.
Penske Automotive Group (NYSE: PAG) is a diversified international transportation services company.

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