---
schema_version: "secwatch.filing_event.v1"
accession: "0001019849-24-000112"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:34:16.963563+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001019849-24-000112
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2024-10-16T23:59:59+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/1019849/000101984924000112/0001019849-24-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000101984924000112/pag-20241016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019849-24-000112
- JSON: https://secwatch.observer/filing/0001019849-24-000112.json
- Plain text: https://secwatch.observer/filing/0001019849-24-000112.txt

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