Penske Automotive increases quarterly dividend 11% to $1.19 per share

PENSKE AUTOMOTIVE GROUP, INC.

Quarterly dividend raised to $1.19 per share, up $0.12 (11%) from prior $1.07.
16th consecutive quarterly increase; fourth dividend increase in 2024.
Company returned over $350M to shareholders in 2024 via dividends and buybacks.
Acquisitions totaling $2B in estimated annualized revenues closed year-to-date.
Dividend payable Dec 3, 2024 to holders of record Nov 15, 2024.

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