dividend
confidence high
sentiment positive
materiality 0.65
Penske Automotive Group increases quarterly dividend by 9.7% to $0.79 per share
PENSKE AUTOMOTIVE GROUP, INC.
- Dividend raised from $0.72 to $0.79 per share, a $0.07 or 9.7% increase.
- Payable on December 1, 2023 to shareholders of record as of November 10, 2023.
- President Robert Kurnick, Jr. cited strong cash flow and balance sheet for the increase.