dividend
confidence high
sentiment positive
materiality 0.50
Penske Automotive raises quarterly dividend by 9% to $0.72 per share
PENSKE AUTOMOTIVE GROUP, INC.
- Board increased quarterly dividend by $0.06 (9%) from $0.66 to $0.72 per share.
- Dividend payable September 1, 2023 to shareholders of record as of August 10, 2023.
- President Robert Kurnick cited strong cash flow, healthy balance sheet, and operational strength.