dividend
confidence high
sentiment positive
materiality 0.50
Penske Automotive raises quarterly dividend 10% to $0.87/share
PENSKE AUTOMOTIVE GROUP, INC.
- Quarterly dividend increased 10% to $0.87 per share from prior $0.79 per share.
- Dividend payable March 1, 2024 to shareholders of record as of February 15, 2024.
- President cites strong balance sheet and cash flow for the increase.