---
schema_version: "secwatch.filing_event.v1"
accession: "0001019849-23-000142"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T21:35:35.100880+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Penske Automotive Group increases quarterly dividend by 9.7% to $0.79 per share

## Summary
- 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.

## SEC filing metadata
- accession: 0001019849-23-000142
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019849/000101984923000142/0001019849-23-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000101984923000142/pag-20231018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019849-23-000142
- JSON: https://secwatch.observer/filing/0001019849-23-000142.json
- Plain text: https://secwatch.observer/filing/0001019849-23-000142.txt

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