secwatch.observer — SEC 8-K summary
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Issuer:     PENSKE AUTOMOTIVE GROUP, INC. (PAG)
CIK:        0001019849
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001019849-24-000062
Event type: dividend
Sentiment:  positive
Materiality: 0.65
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penske Automotive increases quarterly dividend 10% to $0.96 per share
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- Quarterly dividend raised 10% to $0.96 per share from $0.87 (implied).
- Payable June 4, 2024 to shareholders of record as of May 20, 2024.
- President Robert Kurnick Jr. cites strong balance sheet and cash flow.
- All 13 director nominees elected, Deloitte ratified, say-on-pay passed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019849/000101984924000062/0001019849-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019849/000101984924000062/pag-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001019849-24-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer