dividend
confidence high
sentiment positive
materiality 0.55
Penske Automotive increases quarterly dividend by 7.5% to $0.57 per share
PENSKE AUTOMOTIVE GROUP, INC.
- Dividend raised by $0.04 per share (7.5%) to $0.57 per share.
- Payable December 1, 2022 to shareholders of record as of November 10, 2022.
- Company cites continued strong cash flow and diversified business model as rationale.